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Refer to the Information Provided in Figure 19

Question 95

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Refer to the information provided in Figure 19.1 below to answer the question(s) that follow. 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 the payroll tax, this labor market ________ at a wage of $7.00 and employment of 800 workers. A)  was employing too many workers B)  was in equilibrium C)  was employing too few workers D)  was paying too high a wage rate Figure 19.1
-Refer to Figure 19.1. Prior to the imposition of the payroll tax, this labor market ________ at a wage of $7.00 and employment of 800 workers.


A) was employing too many workers
B) was in equilibrium
C) was employing too few workers
D) was paying too high a wage rate

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