Again the following graph shows the supply of and demand for

Last updated: 1/20/2024

Again the following graph shows the supply of and demand for Sam s athletic services Suppose that the NCAA revokes its rule so universities ca pay student athletes any wage with no limitations Use the black point to indicate the wage the University of California Berkeley will pay Sam under these conditions Then shade Berkeley s consume surplus using the green point triangle symbol Finally shade Sam s total wage revenue using the purple point diamond symbol 23X22 WAGE Thaad Demand Sam s Athletic Services Supply Equilibrium Wage A Total Wo