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Analyze the impact of the following changes on wages and employment in a given o

ID: 1095469 • Letter: A

Question

Analyze the impact of the following changes on wages and employment in a given occupation: A) a decrease in the danger of the occupation. B) an increase in product demand. C) Increased wages in a alternative occupation.
This is labor economics

Analyze the impact of the following changes on wages and employment in a given occupation: A) a decrease in the danger of the occupation. B) an increase in product demand. C) Increased wages in a alternative occupation.
This is labor economics

A) a decrease in the danger of the occupation. B) an increase in product demand. C) Increased wages in a alternative occupation.
This is labor economics

Explanation / Answer

Following are the impacts of different changes on wage and occupation: