(Figure: Labor Union Wages I) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours. If the labor union chooses to maximize total wages, the equilibrium wage will be:
A) $75.
B) $63.
C) $100.
D) $130.

Question

(Figure: Labor Union Wages I) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours.  If the labor union chooses to maximize total wages, the equilibrium wage will be:
A) $75. 
B) $63. 
C) $100. 
D) $130.

Quizplus · Accepted Answer

The Answer of (Figure: Labor Union Wages I) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours.  If the labor union chooses to maximize total wages, the equilibrium wage will be:
A) $75. 
B) $63. 
C) $100. 
D) $130.

(Figure: Labor Union Wages I) the Figure Represents a Labor