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A limit on the amount of good that may be imported is called

A ban has the effect of ____ the ____ for/of the product. Equilibrium price will ____.

Wage differences that make up for for the higher risk or poorer working conditions of one job over another is called

A situation where something is outlawed or prohibited is called a

Table 1.1 Price per Unit Quantity Demanded Quantity Supplied $60 22 115 $50 33 95 $40 44 75 $30 55 55 $20 66 35 $10 77 15   In Table 1.1, the equilibrium quantity is __

_______________ supply labor.

Figure 3.4Assume that Figure 3.4 represents the markets for comparably skilled and educated economists and coal miners. If there are more coal miners, identify which market represents each profession. What is the economists’ wage? What is the coal miners’ wage?

As the wage rate increases, the quantity supplied of labor in a market will

Table 1.1 Price per Unit Quantity Demanded Quantity Supplied $60 22 115 $50 33 95 $40 44 75 $30 55 55 $20 66 35 $10 77 15   In Table 1.1, if the price is $50, a _____ of ______ units will occur.

Table 1.1 Price per Unit Quantity Demanded Quantity Supplied $60 22 115 $50 33 95 $40 44 75 $30 55 55 $20 66 35 $10 77 15   In Table 1.1, if the price is $40, a _____ of ______ units will occur.