HELP Assignment 4 a. Use the figure below to explain the impacts of a earning that is above the equilibrium earnings of $40,000 will have on the Alaska

HELP Assignment 4

a. Use the figure below to explain the impacts of a earning that is
above
the equilibrium earnings of $40,000 will have on the Alaskan Labor Market and Construction of the Oil Pipeline?

35,000
20,000
50,000
10,000
30,000

Labor market equilibrium point

b. Use the figure below to explain the impacts of a earning that is
below
the equilibrium earnings of $40,000 will have on the Alaskan Labor Market and Construction of the Oil Pipeline?

Labor market equilibrium point
Labor Demand Curve
Earnings ($)

35,000
20,000
50,000

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