Table 4-7
Table 4-7 shows the demand and supply schedules for the labor market in the city of Pixley.
-Refer to Table 4-7. If a minimum wage of $11.50 an hour is mandated, what is the quantity of labor demanded?
A) 40,000
B) 570,000
C) 610,000
D) 1,180,000

Question

Table 4-7
  Table 4-7 shows the demand and supply schedules for the labor market in the city of Pixley.
-Refer to Table 4-7. If a minimum wage of $11.50 an hour is mandated, what is the quantity of labor demanded?
A) 40,000 
B) 570,000 
C) 610,000 
D) 1,180,000

Quizplus · Accepted Answer

The Answer of Table 4-7
  Table 4-7 shows the demand and supply schedules for the labor market in the city of Pixley.
-Refer to Table 4-7. If a minimum wage of $11.50 an hour is mandated, what is the quantity of labor demanded?
A) 40,000 
B) 570,000 
C) 610,000 
D) 1,180,000

Table 4-7 Table 4-7 Shows the Demand and Supply Schedules