When a union raises the wage above the equilibrium level, a. the quantity of labor supplied falls and unemployment rises. b. both the quantity of labor supplied and unemployment rise. c. both the quantity of labor supplied and unemployment fall. d. the quantity of labor supplied rises and unemployment falls.
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Home » Business » When a union raises the wage above the equilibrium level, a. the quantity of labor supplied falls and unemployment rises. b. both the quantity of labor supplied and unemployment rise. c. both the quantity of labor supplied and unemployment fall. d.