1. A Assume the labor market for county transit drivers is currently in equilibrium. However, the transit drivers union has been successful in getting the county's elected officials to pass legislation that will require all drivers to be certified by the county before they can drive. Draw a graph that shows the market in equilibrium before and then after the legislation has passed. Label your graph completely.
B. Assume the labor market for airplane mechanics is currently in equilibrium. The airplane mechanics union has started a media campaign on nationwide TV stations. The union claims that union mechanics are better trained and therefore the planes they work on are safer. A survey reveals that this advertising does convince consumers to fly more often on airlines with union mechanics. Draw a graph that shows the labor market in equilibrium before and after the media campaign. Label your graph completely.
