3. Fruitland has a competitive labour market for fruit pickers. Equations for the labour demand and labour supply curves are as follows, and the wage is given as dollars per week. Ls = 625 + 10w and Lp - 7000 - 5w a. Plot the labour supply and demand curves b. What are the equilibrium wage and employment levels in this market? c. Suppose all workers join a union and they successfully obtain a wage increase to $500 per week. (The demand curve is not affected.) What is the number of workers employed after unionization? d. Given the increase in the wage in part e, how many workers wish to work at this new wage? How many workers are unemployed? The shareholders guty section of the balance sheet of Thomson Corporation is shown in the accompanying table Click the icon to view the shareholders' equity section) The preferred share are current sig for $102.25 per share and the common shares recurrently setting for $11.50 per she The entry to record the distribution of a 10% common stock dividend includes OA credit to common shoes for 545.000 8. debitored caring for $65.000 OC Credit to cash for $45.000 OD. debit to divdes payable for 545000 Collect your own 0 o HI o hp MOD SC 27 3 4 35 5 6 7 O Q W E R T P I caps lock S D G 3 H K N Z X C V 00 N . V The shareholders' mouty section at the case of the show gibi Click the icon to view the shareholders' aquity section) The protected the carrying to 100 porse and the cross secmelig for 511 Spor The entry to record the sono come stock didenda Shanbolders uity O A cadit to common shares for 5000 OB Debitored ang totoo Occredit to cash for 8000 Contable O Dobos 1000 Pressumtive 3 000 de 5 000 ha Cash 100 000 5516000 10000 00 200 cool $110.000 pad Done e