The supply and demand for Mandarin-English translators is given

| March 29, 2017

Question
The supply and demand for Mandarin-English translators is given by
Supply: L = 150
Demand : L=200 – 5w, where L denotes level of employment and w denotes wages. The supply and demand for Cantonese-English translators is given by
Supply: L = 200
Demand : L=400 – 10w
Calculate the level of employment and w…

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