Given the code in the zip file in this module, modify it so that: 1) There is a new column in the…
How do supply and demand explain the wage gap between petroleum engineering and sociology majors (News Wire Unequal Wages)? Explain why marginal physical product would diminish as 1. More secretaries are hired in an office. 2. More professors are hired in the economics department. 3. More construction workers are hired to build a school.