In the labor market, employers currently demand 23,000 high school teachers for a salary of $50,000. Recently, the fundi
Posted: Wed Jul 06, 2022 6:34 pm
In the labor market, employers currently demand 23,000 highschool teachers for a salary of $50,000. Recently, the funding forhigh schools in the region decreased, which led to employersdemanding only 16,000 high school teachers for a salary of $44,000.Assuming that, when demand changes, the ratio of changes in salarystays the same, calculate the quantity demanded of high schoolteachers if the salary was instead increased to $62,000. Enter youranswer in the box below and round to the nearest whole number ifnecessary.