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Exhibit 27-5 ​

Question 25

Multiple Choice

Exhibit 27-5
​
Exhibit 27-5 ​ -Refer to Exhibit 27-5. In case (1) , with a rise in the wage rate from W<sub>1</sub> to W<sub>2</sub>, the wage bill will fall if A) (Q<sub>1</sub> - Q<sub>2</sub>) x W<sub>1</sub> > (W<sub>2</sub> - W<sub>1</sub>) x Q<sub>2</sub>. B) (Q<sub>3</sub> - Q<sub>2</sub>) x W<sub>3</sub> > (W<sub>2</sub> - W<sub>3</sub>) x Q<sub>2</sub>. C) W<sub>2</sub> x Q<sub>2</sub> > Q<sub>3</sub> x W<sub>1</sub>. D) (W<sub>1</sub> - W<sub>3</sub>) x Q<sub>2</sub> > (W<sub>2</sub> - W<sub>1</sub>) x Q<sub>2</sub>.
-Refer to Exhibit 27-5. In case (1) , with a rise in the wage rate from W1 to W2, the wage bill will fall if


A) (Q1 - Q2) x W1 > (W2 - W1) x Q2.
B) (Q3 - Q2) x W3 > (W2 - W3) x Q2.
C) W2 x Q2 > Q3 x W1.
D) (W1 - W3) x Q2 > (W2 - W1) x Q2.

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