g Suppose economists are trained in theory, methods and practice equally useful in public policy analysis (labor market A) and business administration (labor market B). According to what we learned in labor economics, if there is an increase in the demand for labor in market B, what would we expect to happen to the supply of labor and the equilibrium wage in market A? Use graphs to help you explain what happens in both markets.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?