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It Often Appears as If There Are "Too Few" Workers

Question 29

Multiple Choice

It often appears as if there are "too few" workers at the Department of Motor Vehicles (DMV) to service all their customers at a given point in time. Based on one of theories discussed in the text,this is probably because


A) the equilibrium "price" to be served by the DMV is lower than the "price" charged customers.
B) the equilibrium "price" to be served by the DMV is higher than the "price" charged customers.
C) the equilibrium "price" to be served by the DMV minus the "price" charged to customers is zero.
D) b and c
E) none of the above

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