Microeconomics - Milestone 3 (48)

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101

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Economics

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Nov 24, 2024

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CONCEPT Continuum of Market Structures 25 Report an issue with this question Consider the graph below. Assume that a union enters the labor market. What effect does the union have on the wage? Will this result in a shift of the demand curve? The wage rises. There is no shift of the demand curve. The wage rises. The demand curve shifts to the left. UNIT 3 — MILESTONE 3 25/25
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