The wage will increase. Hope this helps :)
I'm not so sure about this one.. but i believe it's called C<span>onglomerate.</span>
I’m starving. haven’t eaten since 12 on
Answer: the correct answer is D. The equilibrium wage rises and the equilibrium quantity of pilots falls.
Explanation: if the retirement age is lowered for pilots, it means that there will be fewer pilots in the market so the price for hiring pilots goes up ( the wages go up ) and the equilibrium market is reached with fewer pilots.
