Figure 6-13 -Refer to Figure 6-13.In This Market,a Minimum Wage of $7.25

Figure 6-13

-Refer to Figure 6-13.In this market,a minimum wage of $7.25 is

A) binding and creates a labor shortage.
B) binding and creates unemployment.
C) nonbinding and creates a labor shortage.
D) nonbinding and creates neither a labor shortage nor unemployment.