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    Economics Study Set 10
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    Exam 27: Wages Unions and Labor
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    Exhibit 27-5 ​
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Exhibit 27-5 ​

Question 27

Question 27

Multiple Choice

Exhibit 27-5
​
Exhibit 27-5 ​    -Refer to Exhibit 27-5. In which case or cases does the increase in the wage rate from W<sub>1</sub> to W<sub>2</sub> definitely cause the total wage bill to rise? A) (1)  B) (2)  C) (3)  D) (1)  and (2)  E) (1)  and (3)
-Refer to Exhibit 27-5. In which case or cases does the increase in the wage rate from W1 to W2 definitely cause the total wage bill to rise?


A) (1)
B) (2)
C) (3)
D) (1) and (2)
E) (1) and (3)

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