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    Microeconomics Study Set 51
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    Exam 14: Wages, Union, and Labor
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    Exhibit 27-5 ​ Refer to Exhibit 27-5. in Which Case or Cases Does
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Exhibit 27-5 ​ Refer to Exhibit 27-5. in Which Case or Cases Does

Question 118

Question 118

Multiple Choice

Exhibit 27-5 ​
Exhibit 27-5 ​   Refer to Exhibit 27-5. In which case or cases does the increase in the wage rate from W<sub>1</sub> to W<sub>2</sub> definitely cause the total wage bill to rise? A) (1)  B) (2)  C) (3)  D) (1) and (2)  E) (1) and (3)
Refer to Exhibit 27-5. In which case or cases does the increase in the wage rate from W1 to W2 definitely cause the total wage bill to rise?


A) (1)
B) (2)
C) (3)
D) (1) and (2)
E) (1) and (3)

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Q117: Exhibit 27-1 ​<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 27-1 ​

Q120: Exhibit 27-11 ​<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 27-11 ​

Q121: Exhibit 27-4 ​<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 27-4 ​

Q123: Exhibit 27-10 ​<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 27-10 ​

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