Refer to the information provided in Figure 3.13 below to answer the questions that follow. 
Figure 3.13
-Refer to Figure 3.13. The market is initially in equilibrium at Point A. If supply shifts from S1 to S2 and the price of cheeseburgers remains constant at $5.00, there will be
Definitions:
Closed-shop Agreement
A labor agreement requiring employees to be members of a union as a condition of employment, typically illegal in the U.S. under the Taft-Hartley Act.
Resistance Point
The maximum point of opposition or pushback in negotiations or discussions.
Pay Increase
An upward adjustment in an individual's salary or wages, often recognized as a reward for performance or due to changes in market conditions.
Labor Negotiations
The process of collective bargaining between employers and employees (or their representatives) over wages, working conditions, benefits, and other aspects of workers' compensation and rights.
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