Problem
Suppose the Occupational Safety and Health Administration were to mandate that all punch presses be fitted with a very expensive device to prevent injuries to workers. This device does not improve the efficiency with which punch presses operate. What does this requirement do to the demand curve for labor? Explain.
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.