Refer to the information provided in Figure 19.1 below to answer the question(s) that follow.
Figure 19.1
-Refer to Figure 19.1. Prior to the imposition of a payroll tax, this labor market was in equilibrium at a wage of ________ and employment of ________ workers.
A) $5.00; 500
B) $7.00; 800
C) $10.00; 700
D) $12.00; 650
Correct Answer:
Verified
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