refer to the following diagram. Wages in both the union and nonunion sectors are initially $10. The union then negotiates a wage rate of $12. The post-negotiation nonunion wage is not yet known.
-The measured union wage advantage in this market is:

Question

Quizplus · Accepted Answer

The question does not provide enough information to calculate the union wage advantage, such as the wages of union and non-union workers.

Refer to the Following Diagram