Refer to the information provided in Figure 28.3 below to answer the question(s) that follow. Figure 28.3
-Refer to Figure 28.3. A minimum wage of ________ will lead to unemployment of 40.

Question

Refer to the information provided in Figure 28.3 below to answer the question(s) that follow.  Figure 28.3
-Refer to Figure 28.3. A minimum wage of ________ will lead to unemployment of 40.

Quizplus · Accepted Answer

Based on the graph, a minimum wage of $12 will lead to unemployment of 40. Any minimum wage higher than $12 would lead to even higher levels of unemployment. Therefore, the best choice based on the information provided is option C.

Refer to the Information Provided in Figure 28