Exhibit 12.6
-Refer to Exhibit 12.6,which shows the activity for a particular type of labor.If a union negotiates a wage W':
A) the market wage is W and there is an excess quantity of labor supplied equal to E.
B) the market wage is W and there is an excess quantity of labor supplied equal to E'.
C) the market wage is W and there is an excess quantity of labor supplied equal to E''.
D) the market wage is W' and there is an excess quantity of labor supplied equal to E.
E) the market wage is W' and there is an excess quantity of labor supplied equal to E''.
Correct Answer:
Verified
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