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FIGURE 14-5 -Refer to Figure 14-5.Suppose This Labour Market Is Competitive.If a Competitive.If

Question 63

Multiple Choice

FIGURE 14-5 -Refer to Figure 14-5.Suppose this labour market is competitive.If a minimum wage of W<sub>4</sub> is then imposed,the number of unemployed workers would be A) 0Q<sub>1</sub>. B) Q<sub>5</sub> - Q<sub>1</sub>. C) Q<sub>3</sub> - Q<sub>1</sub>. D) 0Q<sub>3</sub>. E) 0Q<sub>5</sub>. FIGURE 14-5
-Refer to Figure 14-5.Suppose this labour market is competitive.If a minimum wage of W4 is then imposed,the number of unemployed workers would be


A) 0Q1.
B) Q5 - Q1.
C) Q3 - Q1.
D) 0Q3.
E) 0Q5.

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