ECO 205 week 5 DQ 1 and DQ 2

July 6, 2015  |  By  | 

For more course tutorials visit 1. Discussion Question 1 Due Date: Day 2 • Post a response to the following: Because of recent terrorist threats and attacks, there has been an increase in the demand for security personnel—police, air marshals, airport security, and so forth. How do you think the higher demand has affected the equilibrium wage? In which direction do you think the labor supply and demand shifted? Explain your reasoning. 2. Discussion Question 2 Due Date: Day 4 • Post a response to the following: Describe two factors that affect labor supply and two factors that affect labor demand. Using the Principles of Economics, describe how changes in the labor market have affected you or someone you know. Refer to one specific principle when answering the question.

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