Refer to Figure 31.2. What is the competitive level of wages and employment?
A) $11 per hour and 50 workers.
B) $9 per hour and 40 workers.
C) $7 per hour and 50 workers.
D) $6 per hour and 40 workers.

Question

Refer to Figure 31.2. What is the competitive level of wages and employment?
A) $11 per hour and 50 workers. 
B) $9 per hour and 40 workers. 
C) $7 per hour and 50 workers. 
D) $6 per hour and 40 workers.

Quizplus · Accepted Answer

The Answer of  Refer to Figure 31.2. What is the competitive level of wages and employment?
A) $11 per hour and 50 workers. 
B) $9 per hour and 40 workers. 
C) $7 per hour and 50 workers. 
D) $6 per hour and 40 workers.