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Several Members of Parliament Have Been Greatly Concerned About the Fairness

Question 150

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Several Members of Parliament have been greatly concerned about the fairness of salaries in the marketplace. They are contemplating enacting a law that would fix the wage rate at WA. Their aides have returned with the results of an investigation into the matter, as portrayed in Graphs A and B.
FIGURE 11-1
Several Members of Parliament have been greatly concerned about the fairness of salaries in the marketplace. They are contemplating enacting a law that would fix the wage rate at WA. Their aides have returned with the results of an investigation into the matter, as portrayed in Graphs A and B. FIGURE 11-1 -Refer to Figure 11-1. If the wage law were enacted, what would the result in the market for computer programmers be? A) a shortage of Q6 - Q5 B) a surplus of Q6 - Q4 C) a surplus of Q6 - Q5 D) a shortage of Q6 - Q4
-Refer to Figure 11-1. If the wage law were enacted, what would the result in the market for computer programmers be?


A) a shortage of Q6 - Q5
B) a surplus of Q6 - Q4
C) a surplus of Q6 - Q5
D) a shortage of Q6 - Q4

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