The labour market for berry pickers in the Okanagan Valley (in numbers of workers per week) is shown in below table. Hourly Wage Rate ($) 8 10 12 14 16 Supply of Labour 300 350 400 450 500 The data for Busy Berries is shown in below table. # Workers hired 20 40 60 80 100 MRP $16 14 12 10 8 a. How many workers will Busy Berries hire? 40 workers Demand for Labour 600 550 500 450 400 b. If the supply of labour increased by 100 workers at every wage rate, what effect would this have on the number of workers that Bus Berries hires? 60 D workers

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The labour market for berry pickers in the Okanagan Valley (in numbers of workers per week) is shown in below table.
Hourly Wage Rate ($)
8
10
12
14
16
Supply of Labour
300
350
400
450
500
The data for Busy Berries is shown in below table.
# Workers hired
20
40
60
80
100
MRP
$16
14
12
10
8
a. How many workers will Busy Berries hire?
40
workers
Demand for Labour
600
550
500
450
400
b. If the supply of labour increased by 100 workers at every wage rate, what effect would this have on the number of workers that Bus
Berries hires?
60
D
workers
Transcribed Image Text:The labour market for berry pickers in the Okanagan Valley (in numbers of workers per week) is shown in below table. Hourly Wage Rate ($) 8 10 12 14 16 Supply of Labour 300 350 400 450 500 The data for Busy Berries is shown in below table. # Workers hired 20 40 60 80 100 MRP $16 14 12 10 8 a. How many workers will Busy Berries hire? 40 workers Demand for Labour 600 550 500 450 400 b. If the supply of labour increased by 100 workers at every wage rate, what effect would this have on the number of workers that Bus Berries hires? 60 D workers
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