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Exhibit 27-4 ​

Question 106

Multiple Choice

Exhibit 27-4
​
Exhibit 27-4 ​ -Refer to Exhibit 27-4. If a labor union successfully organizes the labor market and sets the wage rate at W<sub>4</sub>, the quantity of labor hired will be A) Q<sub>1</sub>. B) Q<sub>2</sub>. C) Q<sub>3</sub>. D) Q<sub>4</sub>. E) cannot be determined
-Refer to Exhibit 27-4. If a labor union successfully organizes the labor market and sets the wage rate at W4, the quantity of labor hired will be


A) Q1.
B) Q2.
C) Q3.
D) Q4.
E) cannot be determined

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