Graph the market for information security specialists

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Reference no: EM13801639

Illustrate in a fully labeled graph the market for information security specialists. Show the market equilibrium wage and quantity (you may just note this in your graph with a “w” and “q” or you may make up a price and amount). Due to a recent increase in the number of cyber attacks from unfriendly nations firms and the U.S. government are trying to hire more people to help protect their information. Assuming it takes a few years to adequately train someone to protect this information, what would you expect to see happen to price and quantity in this market? What does the supply curve look like in the short run? Show this change in your graph.

Reference no: EM13801639

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