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Economics (AS & A Level) · May / June 2026 · Paper 34 · Question 11

9708Labour market forces and government intervention

The diagram shows the demand and supply curves of a perfectly competitive labour market. What will the economic rent be if a trade union successfully negotiates a wage rate of $W_T$?

  1. AT + V + X
  2. BV + U
  3. CV + X
  4. DX + Y + Z

As printed in the paper

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Correct answer: C. V + X

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