15 pts) in each of the following cases, a city is given together with an event that willaffect the city’s labor market. for each case, discuss whether the event will affect labordemand or labor supply and explain why. how does the event affect the equilibriumwage and employment level in the city? (a) (5 pts)city: a "motor city" where most people work in the automobile manu-facturing industry. event: petroleum-exporting countries agreed to cut crude oil production, whichhas increased gasoline price substantially all over the world.(b) (5 pts)city: a "furniture city" where most people work in the home furnituremanufacturing industry. event: the number of new homes sold has reached a record high for two consec-utive years during a housing market boom.(c) (5 pts)city: a "smog city" that is most infamous for its air pollution. event: the federal government has committed billions of dollars to clean up theair in the smog city, which won’t cost the city a penny.

2. the external environment (connect)choose whether each example belongs in the general, task, or internal environment.exampleenvironmenta worldwide recession task environment / general environment / internal environmentlocal mothers asking their community grocery store to carry no-salt cheerios-type cereal for their babies task environment / general environment / internal environmentchoose the phrase that best completes the following sentence.the relationship between the task environment and the general environment is best described as: a one-way system: changes in the task environment affect the general environment, but changes in the general environment do not affect the task environment.an open system: changes in the task environment affect the general environment, and changes in the general environment affect the task environment.a one-way system: changes in the general environment affect the task environment, but changes in the task environment do not affect the general environment.a closed system: changes in the general environment do not affect the task environment, and changes in the task environment do not affect the general environment.©bloomberg via getty imagesmanagement in the newsin april 2010, the explosion of british petroleum’s (bp) deepwater horizon oil drilling rig and the accompanying oil spill dramatically changed the external environment in which all oil companies operate. the explosion released more oil than any other accidental spill in history and had a huge impact on the waters and surrounding communities of the gulf coast. the conditions that led to the spill, the attempts to stop the spill, and the clean-up and aftermath of the spill prompted debates in the u.s. senate, concern on wall street, and attention from companies all over the world.match each oil spill event with a specific dimension of the general environment.eventgeneral environment dimensionbp stock prices falling 25% during the first month after the oil spill oil seeping into pelican nesting grounds, which will place the brown pelican back on the endangered species list people moving from louisiana to oklahoma to avoid the effects of the spill