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Figure 6-9 -Refer to Figure 6-9. in This Market, a Minimum Wage

Question 256

Multiple Choice

Figure 6-9
Figure 6-9 -Refer to Figure 6-9. In this market, a minimum wage of $7 creates a labor A) shortage of 21,000 worker hours. B) shortage of 12,000 worker hours. C) surplus of 21,000 worker hours. D) surplus of 12,000 worker hours.
-Refer to Figure 6-9. In this market, a minimum wage of $7 creates a labor