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If the labor supply curve shifts to the right and the labor demand curve remains unchanged, what will happen to the equilibrium wage and the equilibrium level of employment? Illustrate your answer with a graph.
Ethics Competency
The ability to recognize ethical issues, make informed ethical judgments, and take appropriate ethical actions reflecting both the standards of professional practice and the broader community expectations.
Core Components
The fundamental elements or parts that are necessary for the functionality or identity of a system, concept, or strategy.
Ethical Competency
The capacity to understand, evaluate, and act upon moral principles and values in decision-making and behavior.
Ethical Dilemmas
Situations in which individuals are required to choose between two conflicting moral principles, making it difficult to decide the right course of action.
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