-The above figure shows the labor market for land surveyors.Dave is a land surveyor.If there was no income tax,Dave would work ________ hours per year and the wage rate would be ________ per hour.

Question

Quizplus · Accepted Answer

Without income tax, the equilibrium is where the supply and demand for labor meet, which corresponds to 2000 hours per year at a wage rate of $28 per hour.

-The Above Figure Shows the Labor Market for Land Surveyors