FIGURE 14- 5

FIGURE 14- 5
-Consider a wage- setting union in an otherwise competitive labour market.If the union sets a wage above the competitive level,the effect will be

A) to increase the amount of employment in the industry.
B) to create a group of workers who would like to obtain jobs in the industry but cannot do so.
C) to cause the labour supply curve to shift to the right.
D) a level of employment which is the same as that at the competitive equilibrium wage.
E) to raise wages for all workers who wish to work in the industry.