SummaryQuestionsAssignment.rtf - Summary Questions 1 What...

This preview shows page 1 - 2 out of 2 pages.

Summary Questions: 1. What factor’s impact demand for labor? Give specific examples of how changes in each factor will impact the labor demand curve.
2. Why is demand for labor downward sloping?
3. Research how the substitution and income effects impact labor supply. Discuss your findings by explaining how each effect impacts labor supply.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture