Which of the following indicates the number of workers who are willing to work but are unemployed at the optimal union wage rate in Figure 31.1?
A)Zero.
B)6.
C)14.
D)22.

Question

Which of the following indicates the number of workers who are willing to work but are unemployed at the optimal union wage rate in Figure 31.1?
A)Zero. 
B)6. 
C)14. 
D)22.

Quizplus · Accepted Answer

The number of workers who are willing to work but are unemployed at the optimal union wage rate is equal to the difference between the quantity of labor supplied (20) and the quantity of labor demanded (6) at the optimal union wage rate in Figure 31.1. Therefore, 20 - 6 = 14 workers are willing to work but unemployed at the optimal union wage rate, which corresponds to choice (C).

Which of the Following Indicates the Number of Workers Who