Suppose a union collects dues at 1 percent of the total wage bill.Maximum dues (and maximum total labor cost) would be achieved by hiring the amount of labor where
A) The supply curve intersects the marginal wage curve.
B) The marginal wage is zero.
C) The factor demand curve intersects the factor supply curve.
D) The marginal wage curve intersects the marginal factor cost curve.
Correct Answer:
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A)Because
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