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Exhibit 28-4 -Refer to Exhibit 28-4.If a Labor Union Successfully Organizes the Union

Question 42

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Exhibit 28-4
Exhibit 28-4    -Refer to Exhibit 28-4.If a labor union successfully organizes the labor market and sets the wage rate at W<sub>4</sub>,the amount of unemployment in this market will be equal to A)  Q<sub>4</sub> - Q<sub>3</sub>. B)  zero. C)  Q<sub>3</sub> - Q<sub>1</sub>. D)  Q<sub>2</sub> - Q<sub>3</sub>. E)  Q<sub>4 </sub>- Q<sub>1</sub>.
-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.

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