If the market for day care workers is in equilibrium at R5.00 per hour as shown in this diagram, a minimum wage of R8.00 per hour will increase unemployment by
A)300 workers.
B)500 workers.
C)600 workers.
D)No workers.

Question

If the market for day care workers is in equilibrium at R5.00 per hour as shown in this diagram, a minimum wage of R8.00 per hour will increase unemployment by 
A)300 workers. 
B)500 workers. 
C)600 workers. 
D)No workers.

Quizplus · Accepted Answer

The Answer of If the market for day care workers is in equilibrium at R5.00 per hour as shown in this diagram, a minimum wage of R8.00 per hour will increase unemployment by 
A)300 workers. 
B)500 workers. 
C)600 workers. 
D)No workers.

If the Market for Day Care Workers Is in Equilibrium