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-The Figure Above Shows the Labour Supply and Labour Demand

Question 77

Multiple Choice

-The figure above shows the labour supply and labour demand curves for personal trainers in Victoria. The initial equilibrium hourly wage is $10. The government of Victoria institutes an additional income tax on the income of personal trainers of $6 an hour in order to fund school sports programs. With the tax in place, the labour supply curve will A) shift to LS2. B) shift to LS1. C) remain at LS. D) change so that it becomes the same as LD. E) None of the above answers is correct.
-The figure above shows the labour supply and labour demand curves for personal trainers in Victoria. The initial equilibrium hourly wage is $10. The government of Victoria institutes an additional income tax on the income of personal trainers of $6 an hour in order to fund school sports programs. With the tax in place, the labour supply curve will


A) shift to LS2.
B) shift to LS1.
C) remain at LS.
D) change so that it becomes the same as LD.
E) None of the above answers is correct.

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