Refer to the information provided in Figure 13.1 below to answer the questions that follow. 
Figure 13.1
-Refer to Figure 13.1. According to classical economists if the wage rate is $6, the wage rate will ________ to eliminate the ________.
Definitions:
Concentrated Industries
Industries where a small number of firms hold a large market share, often leading to reduced competition.
Technological Advances
Innovations and improvements in technology that enhance productivity, efficiency, and product quality.
Celler-Kefauver Act
Extended the government’s authority to control mergers.
Vertical Mergers
A type of merger between companies that operate at different stages of the production process for a specific finished product, enhancing efficiency or reducing costs.
Q29: The _ unemployment rate can be pushed
Q94: Refer to Figure 13.3. A minimum wage
Q106: During the recession of 1980-1982, output, the
Q195: Refer to Figure 13.7. If the economy
Q214: Suppose the wage rate in the labor
Q236: A stock market boom increases wealth and
Q238: If you hear a person saying "I
Q257: The implementation lag for fiscal policy tends
Q284: When output increases by 1%, the number
Q292: Firms believe that the current economic downturn