Problem
1. Anthony currently earns $25 an hour and works forty hours a week. When his boss offers to pay him $28 per hour, Anthony decides to accept the offer, but decides to keep working forty hours. What is the effect of Anthony's decision on the labor supply curve?
2. Using the graphic representation of the labor market, analyze the effect of technological advances that have increased workers' productivity in the last few decades (e.g., the Internet). What would be the effect on the real wage and employment if the supply curve does not shift?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.