Exhibit 10-A
Several congressmen and senators have been greatly concerned about the fairness of salaries in the marketplace. They are contemplating enacting a law that would fix the wage rate at WA. Their aides, who were all excellent economics students, have returned with the results of an investigation into the matter, as portrayed below. 
-Refer to Exhibit 10-A.If the law were not enacted, the prevailing wage rate and quantity of labor at equilibrium in the market for computer software programmers would be:
A) WA and Q4, respectively.
B) WA and Q5, respectively.
C) WA and Q6, respectively.
D) WC and Q4, respectively.
E) WC and Q5, respectively.
Correct Answer:
Verified
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