If the Labour Supply Curve Shifts to the Right and the Labour

question 170

Essay

If the labour supply curve shifts to the right and the labour demand curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment? Illustrate your answer with a graph.
__________________________________________________________________________________________________________________________________________________________________________________________

---

Definitions:

Framingham

A city in Massachusetts known for the Framingham Heart Study, a long-term, ongoing cardiovascular cohort study.

Testable

Testable describes a hypothesis or theory that can be empirically examined through experimentation or observation, allowing for verification or falsification.

Critical Period

A specific time in early development during which the organism is particularly receptive to certain stimuli, often resulting in permanent, irreversible outcomes.

Cohort

A group of people who share a common characteristic or experience within a defined period, often used in statistical and sociological research.