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Draw labor market graphs

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Reference no: EM131581369

Question: Draw labor market graphs illustrating the following examples that were mentioned in the text.

a. A labor demand curve, when very good substitutes for labor in the production process exist.

b. The effect of a drop in demand for the organization's product.

c. The effect of a rise in the price of other inputs that have been used as substitutes for labor.

Reference no: EM131581369

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