Graph the Impact of the Following Events in the Market

question 47

Essay

Graph the impact of the following events in the market for typists.Your graph should include shifting the appropriate curve and indicate the change to equilibrium wage W₁ and quantity of labor L₁.
a.The introduction of new ergonomic keyboards increases the rate at which typists can complete their tasks.
b.The main supplies typists use-computers,desks,and chairs-are all increasing in cost for their bosses.
c.The conditions in a similar profession,such as office manager,are superior in terms of pay and benefits.

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Definitions:

Line Conditioner

A device that protects a computer from overvoltage and undervoltage conditions as well as adverse noise conditions. Also known as a power conditioner.

Surge Protector

A device that shields electronic equipment from voltage spikes by limiting the amount of voltage to a safe threshold.

E-Mail Password

A secret alphanumeric phrase used to secure access to an email account.

Accessing E-Mail

The process of retrieving, reading, and managing emails using a client or web service.