-Refer to Exhibit O-4. The wage required to attract 6 hours of labor is ______ and thewage required to attract 8 hours of labor is _______.

Question

Quizplus · Accepted Answer

Without access to Exhibit O-4, the correct answer cannot be determined directly. However, the pattern of choices suggests that the question is about the wage rate required to attract a certain number of labor hours. Typically, in labor market economics, higher hours of labor would require higher wages, either due to overtime premiums or the increasing marginal cost of labor. Choice E suggests an increasing wage rate for increasing hours, which aligns with general economic principles, but without the exhibit, this is a speculative rationale.