-Refer to the above figure. Suppose there are L4 workers in the union, and the union wants all of its workers to have a job. It will set the wage rate at

Name: -Refer to the above figure. Suppose there are L4 workers in the union, and the union wants all of its workers to have a job. It will set the wage rate at
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The union will set the wage rate at W1 because at this wage rate, all L4 workers in the union will have a job.

-Refer to the Above Figure