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-The Figure Above Shows the Market for Low-Skilled Labor in Midland

Question 126

Multiple Choice

-The figure above shows the market for low-skilled labor in Midland city in a nation to the south. The government sets a minimum wage at $6 per hour. With the minimum wage law enacted, the potential loss from job search in Midland city is A) $60 million. B) $120 million. C) $40 million. D) zero.
-The figure above shows the market for low-skilled labor in Midland city in a nation to the south. The government sets a minimum wage at $6 per hour. With the minimum wage law enacted, the potential loss from job search in Midland city is


A) $60 million.
B) $120 million.
C) $40 million.
D) zero.

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