If the graph shown is displaying a competitive labor market,the equilibrium wage in the market would be:
Definitions:
Osmotic Pressure
The pressure required to prevent the flow of a solvent through a semipermeable membrane that separates two solutions with different concentrations.
Solute Concentration
The amount of a substance dissolved in a unit volume of solution.
Selectively Permeable
A property of cellular membranes that allows some substances to pass through while preventing the passage of others.
Osmosis
A process where water molecules move from a region of lower solute concentration to a higher solute concentration through a semipermeable membrane.
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