Thus 375000 workers find employment at this wage rate

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workers are willing to supply labor. Thus, 375,000 workers find employment at this wage rate.375,000
The following graph shows the labor market in a state in the South. The legislature in this state passes strong "right­to­work" laws thatmake it very difficult for unions to organize workers, so the wage is always equal to the market­clearing value. Except for this difference inlegislation, the two states are very similar.The initial position of the graph corresponds to the initial labor market condition in the southern state before the labor union negotiated thenew, higher wage for workers in the northern state.Suppose that after the wage goes up in the northern state, some workers in the northern state lose their jobs and decide to move to the±²³´³´±µ¶´´±±·³´¶´±¸¶´²±±±³±¹±²¶¹´²´¹±²³¹´²±¹±¶¹´´¹±³¹´±:$*( º'ROODUV SHU KRXU»/$%25 º7KRXVDQGV RI ZRUNHUV»'HPDQG6XSSO\2.50
Points:1 / 1Close ExplanationClose Explanationsouthern state.Adjust the graph to show what happens to employment and wages in the southern state.Explanation:The shortage of jobs in the northern state causes the population in the southern state to increase as people move there in search of
Points:1 / 1

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