Use the Following to Answer Questions 40-42

question 65

Multiple Choice

Use the following to answer questions 40-42:
Figure 13.5
-(Figure 13.5) The figure represents a labor union with wage in dollars and quantity of labor in hundreds of hours. If the labor union chooses to maximize total wages, the equilibrium wage will be:

• A) $75.
• B) $63.
• C) $100.
• D) $130.

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Definitions:

Training Programs

Structured educational or developmental activities designed to enhance the skills, knowledge, and competencies of employees.

Organizational Results

Outcomes or achievements that an organization aims for, which can include financial performance, operational efficiency, or market position.

Behaviours

Pertains to the actions or reactions of individuals or groups in response to external or internal stimuli.

Skills

Refers to the abilities and expertise that individuals possess, which enable them to perform specific tasks effectively.