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-In the Above Figure, If the Real Wage Is $20

Question 105

Multiple Choice

-In the above figure, if the real wage is $20 per hour, a labor A) surplus will occur and the real wage will fall. B) surplus will occur and the real wage will rise. C) shortage will occur and the real wage will rise. D) shortage will occur and the real wage will fall.
-In the above figure, if the real wage is $20 per hour, a labor


A) surplus will occur and the real wage will fall.
B) surplus will occur and the real wage will rise.
C) shortage will occur and the real wage will rise.
D) shortage will occur and the real wage will fall.

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