Figure 13-6
-In Figure 13-6, if unions succeed in raising the standard wage rate to w*, there will be 200 people who want to work but can't find jobs at that wage rate.

Question

Figure 13-6 
-In Figure 13-6, if unions succeed in raising the standard wage rate to w*, there will be 200 people who want to work but can't find jobs at that wage rate.

Quizplus · Accepted Answer

The Answer of Figure 13-6 
-In Figure 13-6, if unions succeed in raising the standard wage rate to w*, there will be 200 people who want to work but can't find jobs at that wage rate.

Figure 13-6 -In Figure 13-6, If Unions Succeed in Raising the Standard