Labor supply and demand scenarios
Not what you're looking for?
I need to select (6) scenarios, (I HAVE 5 already) that would cause a shift in labor supply and demand. The following areas have had high job growth rates and can be used for a scenario: transportation, insurance, and real estate industries. Please focus on the following questions:
1) What is the area of employment?
2) Why has the shift occurred?
3) In what direction would the shift in labor supply and demand go?
4) What would be its effect on the equilibrium of the labor market?
Purchase this Solution
Solution Summary
Scenarios that would cause shift in labor supply and demand
Solution Preview
Globalization has increased the demand for transportation. Globalization involves greater specialization in production within each nation, and longer distances over which goods must be transported. E-commerce may also be a factor in this regard. Orders placed ...
Purchase this Solution
Free BrainMass Quizzes
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.