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(Figure: Labor Union Wages I) the Figure Represents a Labor

Question 71

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(Figure: Labor Union Wages I) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours. (Figure: Labor Union Wages I) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours. If the labor union chooses to maximize total wages, the equilibrium wage will be: A) $75. B) $63. C) $100. D) $130. If the labor union chooses to maximize total wages, the equilibrium wage will be:


A) $75.
B) $63.
C) $100.
D) $130.

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