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Using a Graph of Offer Curves,for Each of the Following,identify

question 7

Essay

Using a graph of offer curves,for each of the following,identify the effect of the change listed on the relative price of good X and on exports of good X by Nation 1.
a. The supply of Y increases in Nation 2.
b. The demand for X decreases in Nation 1.


Definitions:

Hostile-Environment Sexual Harassment

Unwelcome sexual conduct that creates an intimidating, hostile, or offensive working environment.

Unwanted Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or gender, that is not desired or solicited.

Executive Exemption

A classification in labor law that exempts certain executives from overtime pay and minimum wage requirements.

Age Discrimination

The unfair treatment of individuals in the workplace based on their age, prohibited under various labor laws.

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