Figure 12-3 Refer to Figure 12-3. This Figure Depicts Labor Demand and Labor

question 65

Multiple Choice

Figure 12-3
Refer to Figure 12-3. This figure depicts labor demand and supply in a nonunionized labor market. The original equilibrium is at point A. If a labor union subsequently establishes a union shop and negotiates an hourly wage of $20, then there will be an excess

• A) supply of 3,000 workers.
• B) demand of 7,000 workers.
• C) supply of 4,000 workers.
• D) supply of 7,000 workers.

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Definitions:

Assault

An act that threatens or causes physical harm to another person, often subject to legal prosecution.

Battery

In a legal context, it refers to the act of intentional offensive or harmful touching of another person without their consent.

Tort

A legal wrong that occurs when someone breaches a duty to another, leading to harm or injury, and for which the courts provide a remedy through damages.

Patient Abandonment

The unethical and unprofessional termination of the healthcare provider-patient relationship without ensuring the patient's access to appropriate care.