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  3. Study Set
    Economics Today Study Set 1
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    Exam 29: Unions and Labor Market Monopoly Power
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    -Refer to the Above Figure
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-Refer to the Above Figure

Question 40

Question 40

Multiple Choice

  -Refer to the above figure. Suppose there are L4 workers in the union, and the union wants all of its workers to have a job. It will set the wage rate at A)  W1. B)  W2. C)  W3. D)  W4.
-Refer to the above figure. Suppose there are L4 workers in the union, and the union wants all of its workers to have a job. It will set the wage rate at


A) W1.
B) W2.
C) W3.
D) W4.

Correct Answer:

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