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Given the equations for the market of hamburgers (above) find the equilibrium quantity of hamburgers sold if the wages paid to pizza workers is 1 . HINT: use the market for pizza to answer this question. You will need to find the equilibrium price of pizza as a function of the wage paid to pizza workers AND the price of hamburgers. Now consider the market for hamburgers. The equations for this market are as follows: Demand for Hamburgers: Ph=24Qdh+2Pp Supply of Hamburgers: Ph=Qsh where Ph is the price of hamburgers, Pp is the price of pizza and QdhdQsh) is the quantity of hamburgers demanded (supplied). Given this information describe how a change in the wage paid to pizza workers could affect the quantity of hamburgers sold. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Given the equations for the market of hamburgers (above) find the equilibrium quantity of hamburgers sold if the wages paid to pizza workers is 1 . HINT: use the market for pizza to answer this question. You will need to find the equilibrium price of pizza as a function of the wage paid to pizza workers AND the price of hamburgers. Now consider the market for hamburgers. The equations for this market are as follows: Demand for Hamburgers: Ph=24Qdh+2Pp Supply of Hamburgers: Ph=Qsh where Ph is the price of hamburgers, Pp is the price of pizza and QdhdQsh) is the quantity of hamburgers demanded (supplied). Given this information describe how a change in the wage paid to pizza workers could affect the quantity of hamburgers sold. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)

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