-Refer to the above figure.If the union wants to maximize the total income of its members who work,it will set wages at

Name: -Refer to the above figure.If the union wants to maximize the total income of its members who work,it will set wages at
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To maximize total income, the union should set wages where the product of wage and employment is maximized. This typically occurs at the equilibrium wage, which is $\mathrm { W } _ { 2 }$ in this context.

-Refer to the Above Figure W1\mathrm { W } _ { 1 }W1​

-Refer to the Above Figure $\mathrm { W } _ { 1 }$