1) first blank the option are 0, 20,000, 30,000 & 50,000 2) second blank 0, 20,0
ID: 1098928 • Letter: 1
Question
1) first blank the option are 0, 20,000, 30,000 & 50,000
2) second blank 0, 20,000, 30,000 & 50,000
Tool tip: Use your mouse to drag the green line on the graph. The values in the boxes on the right side of the calculator will change accordingly can also directly change the values in the boxes with the white background by clicking in the box and typing. The graph and any related value; change accordingly. The union's wage increase from $12 to $16 per hour causes an excess supply of_ workers. Suppose that the union, in order to mitigate the unemployment caused by the wage increase, bolsters demand by rolling out a "Buy Union" advertising campaign. If the union spends $4 million on the campaign, the excess supply of labor will be_workers.Explanation / Answer
1) 30000
2) For the second blank, you need to fill in 4 in Pro-union advertising box and the answer would be the number displayed in Excess Supply box when you hit calculate.
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