Use the figure below to answer the following questions.
Figure 6.2.1
-Refer to Figure 6.2.1. What is the equilibrium wage rate per hour in an unregulated market?
Definitions:
Channel Intermediaries
Organizations or individuals that act as middlemen in the distribution process, helping to move products from the producer to the final consumer.
Over-the-counter Products
Medications or goods that can be purchased without a prescription, directly from a retailer.
Walgreens
An American company that operates as the second-largest pharmacy store chain in the United States, offering health and wellness products, prescriptions, and healthcare services.
CVS
An American retail corporation that operates a chain of pharmacies and convenience stores.
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