higher demand for security workers since 9/11
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Post 200-300 word response: Since the September 11th attack there has been an increase in the demand for security personnel?police, air marshals, airport security, etc. How do you think the higher demand has affected the equilibrium wage? In which direction do you think the labor supply and demand shifted? Explain your reasoning.
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Solution Summary
Whether the higher demand for security workers since 9/11 resulted in a higher wage.
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Given an upward sloping supply curve and and downward sloping demand curve, an increase in demand will cause the equilibrium wage to increase. The ...
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