Multiple Choice
Exhibit 28-4

-Refer to Exhibit 28-4.If a labor union successfully organizes the labor market and sets the wage rate at W4,the amount of unemployment in this market will be equal to
A) Q4 - Q3.
B) zero.
C) Q3 - Q1.
D) Q2 - Q3.
E) Q4 - Q1.
Correct Answer:
Verified
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A)employment