Need help answering the two separate questions. Each question needs its own answer and at least 1 Reference.Q1 – Provide an example of a moral or ethical hazard an organization might face relating to labor markets. How can this affect employees, an organization, and the economy?Q2 – the intersection between labor supply and labor demand determines the equilibrium wage and the equilibrium level of employment. Why might some firms pay workers a wage above the market equilibrium, even when there is surplus labor?
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