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The Above Markets Are for Publicists

question 153

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  The above markets are for publicists.On the left is the market for Common Cause (CC) ,a consumer advocacy non-profit organization.On the right is the market for the National Rifle Association (NRA) ,also non-profit. -Refer to the graphs above.Suppose that a committee decides that publicists have a social value of $70,000 and all publicists will now earn $70,000.The NRA market will experience a(n) __________ and Common Cause will have a(n) __________. A)  surplus;shortage B)  equilibrium;surplus C)  shortage;equilibrium D)  shortage;surplus E)  equilibrium;equilibrium The above markets are for publicists.On the left is the market for Common Cause (CC) ,a consumer advocacy non-profit organization.On the right is the market for the National Rifle Association (NRA) ,also non-profit.
-Refer to the graphs above.Suppose that a committee decides that publicists have a social value of $70,000 and all publicists will now earn $70,000.The NRA market will experience a(n) __________ and Common Cause will have a(n) __________.


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