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Question: Draw typical labor supply and demand curves for the shoe manufacturing industry and answer the fo...

Show transcribed image text Draw typical labor supply and demand curves for the shoe manufacturing industry and answer the following questions a. Label equilibrium employment and wages. b. Demonstrate the effect of an increase in the demand for shoes on the labor market. Explain with words. c. Demonstrate the effect of the liberalization of immigration laws on the labor market. Explain with words.

Draw typical labor supply and demand curves for the shoe manufacturing industry and answer the following questions a. Label equilibrium employment and wages. b. Demonstrate the effect of an increase in the demand for shoes on the labor market. Explain with words. c. Demonstrate the effect of the liberalization of immigration laws on the labor market. Explain with words.