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-In the Above Figure, Without a Minimum Wage, the Equilibrium

Question 136

Multiple Choice

-In the above figure, without a minimum wage, the equilibrium quantity of labor employed ________ million hours, and the equilibrium wage rate is ________ per hour. A) 100; $2 B) 200; $4 C) 300; $6 D) 400; $8
-In the above figure, without a minimum wage, the equilibrium quantity of labor employed ________ million hours, and the equilibrium wage rate is ________ per hour.


A) 100; $2
B) 200; $4
C) 300; $6
D) 400; $8

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