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-(Exhibit: the Minimum Wage) the Total Income Received by the Workers

Question 144

Multiple Choice

-(Exhibit: The Minimum Wage) The total income received by the workers when the market is in equilibrium is: A) W<sub>2</sub> times L<sub>1</sub>. B) W<sub>1</sub> times L<sub>1</sub>. C) W<sub>0</sub> times L<sub>3</sub>. D) W<sub>0</sub> times L<sub>2</sub>.
-(Exhibit: The Minimum Wage) The total income received by the workers when the market is in equilibrium is:


A) W2 times L1.
B) W1 times L1.
C) W0 times L3.
D) W0 times L2.

Correct Answer:

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