that the labor produces; a change in the production process that uses more or less labor; and a change in

government policy that affects the quantity of labor that firms wish to hire at a given wage. Demand can also

increase or decrease (shift) in response to: workers’ level of education and training, technology, the number of

companies, and availability and price of other inputs.

The main factors that can shift the supply curve for labor are: how desirable a job appears to workers relative

to the alternatives, government policy that either restricts or encourages the quantity of workers trained for

the job, the number of workers in the economy, and required education.

4.2 Demand and Supply in Financial Markets

In the demand and supply analysis of financial markets, the “price” is the rate of return or the interest rate

received. We measure the quantity by the money that flows from those who supply financial capital to those

who demand it.
{"uploaded_via": "batch_uploader", "total_pages": 597, "file_name": "Microeconomics3e.pdf", "file_type": ".pdf", "producer": "Prince 14.2 (www.princexml.com)", "creationdate": "2022-12-07T14:15:44-06:00", "source": "downloads\\business\\economics\\Microeconomics3e.pdf", "source_file": "downloads\\business\\economics\\Microeconomics3e.pdf", "creator": "PDFMiner", "batch_upload": true, "moddate": "2022-12-07T14:23:05-06:00", "file_hash": "830b81f41611ac67a490444dbb5d6aed292224606965b06965b914443c93331a", "file_size_mb": 26.99, "upload_timestamp": "2026-02-07T15:37:44.339247", "title": "Principles of Microeconomics 3e"}