Title: Suppose the following two events occur in the market for elementary school teachers: a.Overcrowded ... Post by: Guest on Feb 28, 2019 Suppose the following two events occur in the market for elementary school teachers:
What is likely to happen to the equilibrium wage and quantity of teachers as a result of these two events? • The equilibrium quantity and the equilibrium wage of elementary school teachers fall. • The equilibrium wage rises and the effect on the equilibrium quantity of elementary school teachers is indeterminate. • The equilibrium quantity falls and the effect on the equilibrium wage of elementary school teachers is indeterminate. • The equilibrium quantity falls and the equilibrium wage of elementary school teachers rises. Title: Suppose the following two events occur in the market for elementary school teachers: a.Overcrowded ... Post by: Jlynn on Feb 28, 2019 Content hidden
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