Multiple Choice
Figure 19-4
-Refer to Figure 19-4. If a union is successful in reducing supply from S1 to S2, the wage will
A) rise from $15 per hour to $18 per hour and 100 fewer people will be employed.
B) rise from $15 per hour to $18 per hour and 200 more people will be employed.
C) fall from $15 per hour to $12 per hour and 100 more people will be employed.
D) fall from $18 per hour to $15 per hour and 200 fewer people will be employed.
Correct Answer:

Verified
Correct Answer:
Verified
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