Based on the figure, if a union contract requires that the wage workers are paid be raised from $25 to $30 per hour, the number of unemployed workers will increase by ________ workers.
A)8
B)10
C)17
D)18

Question

Based on the figure, if a union contract requires that the wage workers are paid be raised from $25 to $30 per hour, the number of unemployed workers will increase by ________ workers.   
A)8 
B)10 
C)17 
D)18

Quizplus · Accepted Answer

At $25 per hour, 185 workers are demanded and 206 workers supplied, creating unemployment of 21 workers. At $30 per hour, 175 workers are demanded and 214 workers supplied, creating unemployment of 39 workers. The increased wage has increased unemployment by 18 workers.

Based on the Figure, If a Union Contract Requires That