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By the end of this section, you will be able to predict shifts in the demand and supply curves of the labor market, explain the impact of new technology on the demand and supply curves of the labor market, and explain price floors in the labor market such as minimum wage or a living wage.
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Classroom Considerations
- Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
- The intended use for this resource is Instructional