Consider the graph of the labor market shown here. At the wage rate of $13, the market has a:

A)surplus of 2,000 workers.
B)shortage of 4,000 workers.
C)surplus of 4,000 workers.
D)shortage of 2,000 workers.

Question

Consider the graph of the labor market shown here. At the wage rate of $13, the market has a:

A)surplus of 2,000 workers. 
B)shortage of 4,000 workers. 
C)surplus of 4,000 workers. 
D)shortage of 2,000 workers.

Quizplus · Accepted Answer

The Answer of Consider the graph of the labor market shown here. At the wage rate of $13, the market has a:

A)surplus of 2,000 workers. 
B)shortage of 4,000 workers. 
C)surplus of 4,000 workers. 
D)shortage of 2,000 workers.

Consider the Graph of the Labor Market Shown Here