Give explanation of changes in labor market

Reference no: EM1312163

Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con. you are told that the equilibrium wage rate for comic book illustrators has increased while the equilibrium level of employment has increased

Name the potential reason for this observed change in the labor market for comic book illustrators'' Explain

Reference no: EM1312163

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Give explanation of changes in labor market : Suppose that in the market for comic book illustrators the substitution effect dominates the income effect While visiting Comic Con.

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