# Which of the following is true regarding the above theory stated in question 19? Question 2...

###### Question:

Which of the following is true regarding the above theory stated in question 19?

Question 2 options:

 Consumers use it to maximize their consumer surplus Producers use it to capture consumer surplus Consumers are impatient and afraid something will prevent future consumption B & C
Question 19 (4 points) Which of the following is true regarding wages negotiated by a labor union? Othey cause a surplus of labor Othey are a price ceiling Othey are below minimum wage O they keep the labor market in equilibrium

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