Several Members of Parliament Have Been Greatly Concerned About the Fairness

Multiple Choice

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 a wage rate of WA for teachers were imposed by the federal government on schools, what would the expected result be?

A) a teacher shortage of Q3 - Q1
B) a teacher surplus of Q3 - Q1
C) a teacher shortage of Q3 - Q2
D) a teacher surplus of Q2 - Q1