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WAGE (Dollars per hour) 20 18 16 14 12 10 8 4 2 0 0 40 80 120 160 200 240 280 320 380 400 LABOR (Number of workers) Tax Proposal Levied on Employers (Dollars per hour) 0 2 Supply Demand I Levied on Workers Graph Input Tool Market for Laboratory Aides (Dollars per hour) 0 4 2 Wage (Dollars per hour) Quantity Hired (Number of workers) Labor Demanded (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) 4 248 For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid y employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides that is, the wage received by workers minus any taxes collected from the workers). 0 Labor Supplied (Number of workers) Supply Shifter Tax Levied on Workers (Dollars per hour) After-Tax Wage Paid by Employers (Dollars per hour) 152 0 After-Tax Wage Received by Workers (Dollars per hour)

WAGE (Dollars per hour) 20 18 16 14 12 10 8 4 2 0 0 40 80 120 160 200 240 280 320 380 400 LABOR (Number of workers) Tax Proposal Levied on Employers (Dollars per hour) 0 2 Supply Demand I Levied on Workers Graph Input Tool Market for Laboratory Aides (Dollars per hour) 0 4 2 Wage (Dollars per hour) Quantity Hired (Number of workers) Labor Demanded (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) 4 248 For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid y employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides that is, the wage received by workers minus any taxes collected from the workers). 0 Labor Supplied (Number of workers) Supply Shifter Tax Levied on Workers (Dollars per hour) After-Tax Wage Paid by Employers (Dollars per hour) 152 0 After-Tax Wage Received by Workers (Dollars per hour)

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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WAGE(Dollars per hour) 20 18 16 14 12 10 8 6 4 2 0 0 40 80 120 160 200 240 280 320 380 400 LABOR (Number of workers) Levied on Employers (Dollars per hour) 4 Supply Tax Proposal 0 2 berand I I Levied on Workers Graph Input Tool Market for Laboratory Aides Wage (Dollars per hour) (Dollars per hour) 0 4 2 Labor Demanded (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Quantity Hired (Number of workers) 4 248 0 Labor Supplied (Number of workers) Supply Shifter Tax Levied on Workers (Dollars per hour) After-Tax Wage Paid by Employers (Dollars per hour) 152 After-Tax Wage Received by Workers (Dollars per hour) 000
Transcribed Image Text:WAGE(Dollars per hour) 20 18 16 14 12 10 8 6 4 2 0 0 40 80 120 160 200 240 280 320 380 400 LABOR (Number of workers) Levied on Employers (Dollars per hour) 4 Supply Tax Proposal 0 2 berand I I Levied on Workers Graph Input Tool Market for Laboratory Aides Wage (Dollars per hour) (Dollars per hour) 0 4 2 Labor Demanded (Number of workers) Demand Shifter Tax Levied on Employers (Dollars per hour) For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides (that is, the wage received by workers minus any taxes collected from the workers). Quantity Hired (Number of workers) 4 248 0 Labor Supplied (Number of workers) Supply Shifter Tax Levied on Workers (Dollars per hour) After-Tax Wage Paid by Employers (Dollars per hour) 152 After-Tax Wage Received by Workers (Dollars per hour) 000
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