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In the Labor Market Shown Above, If a Minimum Wage

Question 16

Multiple Choice

   In the labor market shown above, if a minimum wage level is set at W<sub>m</sub>, it will cause: A)  employment to decrease from C to A. B)  employment to decrease from C to B. C)  employment to decrease from B to A. D)  BC workers to be hired. In the labor market shown above, if a minimum wage level is set at Wm, it will cause:


A) employment to decrease from C to A.
B) employment to decrease from C to B.
C) employment to decrease from B to A.
D) BC workers to be hired.

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