-The above figure shows the market for biologists.The government decides to set a minimum wage for biologists of $18 per hour.After this minimum wage is in effect,the deadweight loss equals ________.
A) $400
B) $200
C) $800
D) $1600
E) $100

Question

-The above figure shows the market for biologists.The government decides to set a minimum wage for biologists of $18 per hour.After this minimum wage is in effect,the deadweight loss equals ________.
A) $400 
B) $200 
C) $800 
D) $1600 
E) $100

Quizplus · Accepted Answer

The Answer of 
-The above figure shows the market for biologists.The government decides to set a minimum wage for biologists of $18 per hour.After this minimum wage is in effect,the deadweight loss equals ________.
A) $400 
B) $200 
C) $800 
D) $1600 
E) $100

-The Above Figure Shows the Market for Biologists