1. Chapter 4 Labor Demand Elasticities

2. Copyright © 2003 by Pearson Education, Inc.4-2 Figure 4.1 Relative Demand Elasticities

3. Copyright © 2003 by Pearson Education, Inc.4-3 Figure 4.2 Different Elasticities along a Demand Curve

4. Copyright © 2003 by Pearson Education, Inc.4-4

5. Copyright © 2003 by Pearson Education, Inc.4-5 Figure 4.3 Federal Minimum Wage: Level, and Relative to Wages in Manufacturing, 1938–2000

6. Copyright © 2003 by Pearson Education, Inc.4-6 Figure 4.4 Minimum Wage Effects: Growing Demand Obscures Job Loss

7. Copyright © 2003 by Pearson Education, Inc.4-7 Figure 4.5 Minimum Wage Effects: Incomplete Coverage Causes Employment Shifts

8. Copyright © 2003 by Pearson Education, Inc.4-8 Figure 4A.1 Hypothetical Production Possibilities Curves, United States

9. Copyright © 2003 by Pearson Education, Inc.4-9 Figure 4A.2 Hypothetical Production Possibilities Curves, China

10. Copyright © 2003 by Pearson Education, Inc.4-10