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Suppose there is a competitive market for retail workers at a large shopping mall that is large enough to constitute its own labour market.The labour demand curve is QD = 1000 - 20(w) .The labour supply curve is QS = 400 + 40(w) .Suppose that a union now successfully organizes the workers at this mall and obtains a wage rate of $11 (but does not affect the demand curve) .The number of workers who wish to work at the new wage is
Prospective Voting
A voting behavior where voters make decisions based on future outcomes they expect from electing a candidate, as opposed to past actions.
National Elections
Electoral processes that determine governmental leadership at the national level, typically involving the selection of a country's executive leader and legislative representatives.
First Tuesday
Often refers to when elections are held in the United States, traditionally on the first Tuesday after the first Monday in November.
November
The eleventh month of the year in the Gregorian calendar, known for events such as Thanksgiving in the United States.
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