Refer to the following graphs to answer the following questions:
A.
B.
C.
D.
E.

-Choose the graph that represents the following situation: The government raises the minimum wage.
A) Graph A
B) Graph B
C) Graph C
D) Graph D
E) Graph E

Question

Refer to the following graphs to answer the following questions:
A.
  B.
  C.
  D.
  E.
 
-Choose the graph that represents the following situation: The government raises the minimum wage.
A) Graph A 
B) Graph B 
C) Graph C 
D) Graph D 
E) Graph E

Quizplus · Accepted Answer

Graph C likely shows a shift in the labor demand or supply curve that reflects the impact of a minimum wage increase. This could either be a shift in the supply curve to the left, indicating a reduction in the quantity of labor demanded at the new, higher wage, or a shift in the demand curve, depending on the specific effects being illustrated.

Refer to the Following Graphs to Answer the Following Questions