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Identify the graph of the logistic function .
Labor Demand
The amount of work that employers are ready to employ at a specified rate of pay.
Employment Decline
A situation where the number of employed individuals in an economy decreases, often due to economic downturns, technological changes, or structural shifts in the economy.
Labor Demand Curve
A graphical representation that shows the quantity of labor that employers are willing to hire at different wage rates.
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