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-The Above Figure Shows the Market for Finish Carpenters in Bozeman.If

Question 120

Multiple Choice

  -The above figure shows the market for finish carpenters in Bozeman.If there is a minimum wage set at $18,what is true? A)  The lowest wage for which someone is willing to work is $18 an hour. B)  The quantity of jobs increases to 400. C)  The lowest wage for which someone is willing to work is $20 an hour. D)  200 workers are employed. E)  The quantity of jobs demanded is more than the quantity supplied.
-The above figure shows the market for finish carpenters in Bozeman.If there is a minimum wage set at $18,what is true?


A) The lowest wage for which someone is willing to work is $18 an hour.
B) The quantity of jobs increases to 400.
C) The lowest wage for which someone is willing to work is $20 an hour.
D) 200 workers are employed.
E) The quantity of jobs demanded is more than the quantity supplied.

Correct Answer:

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