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graph the change, if any, in the supply and demand curve for labor if immediatley after the school year begins, fewer young people are available to work. Fast food chains must raise wages, which represent the price of labor to attract workers
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is labor supply curve inelastic
if it is then aftr school yr begins fewer young people wud be der then there wud be a backward shift in labor supply curve wic will anyways cause the wages to go up. plz do post the correct ans
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