Since the September 11th attack, there has been an increase in the demand for security personnel—police, air marshals, airport security, etc. How do you think the higher demand has affected the equilibrium wage? In which direction do you think the labor supply and demand shifted? Explain your reasoning.

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Okay does this answer seem correct? If the demand for security personal is rising, then the demand curve will move up. The supple will not rise in the short run because in order to be a guard you have to have the expertise and the training.I believe wages will go up because of the more demand and the deficit of supply. In the long run more people will go to special forces and the supply will rise. Therefore in the long run, supply will meet demand and the wages will be at the previous equilibrium.

So 32 people viewed my question and my possible answer, and no one can leave a comment?! I thought this was a place to go for help and advice. I have gotten no help except the one message assuming I copy and pasted my homework to have someone else do it for me! Yeah I am not getting much help here. Thanks

Sorry hon, I have no idea. I flunked economics in high school. I don't think I even spelled it right. I'm sure someone will come along and let you know if you are right. Yo uhave to remember that even though we have A lot of people here, only a few may know the answer to your question.

Good luck hon

Sweetpea, a lot of folks use this forum for their even-numbered problems, in the same way they use the back of their textbook for the odd-numbered ones. So Curlyben's admonition about that was well-placed, and a question that smacks of "textbook cut and paste" won't generate much assistance.

Nevertheless, you kind of redeemed yourself in your follow-up, where you discussed what you had attempted thus far. I believe you've pretty well got it. The short-run effects on both supply and demand, and the eventual return to equilibrium... good job.

One small thing you might want to add. Tell why more people will migrate to security jobs long-run... although it's common sense, it'll keep your answer from containing an unsupported assumption.

Best of luck!

...it was early and I was full of no coffee...

Thank you guys!!