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

Question 100

Multiple Choice

FIGURE 14-5 -Refer to Figure 14-5.Suppose the labour market is competitive.If a minimum wage of W<sub>3</sub> is then imposed,the number of unemployed workers would be A) 0Q<sub>2</sub>. B) Q<sub>3</sub> - Q<sub>1</sub>. C) Q<sub>3</sub> - Q<sub>2</sub>. D) Q<sub>4</sub> - Q<sub>2</sub>. E) 0Q<sub>4</sub>. FIGURE 14-5
-Refer to Figure 14-5.Suppose the labour market is competitive.If a minimum wage of W3 is then imposed,the number of unemployed workers would be


A) 0Q2.
B) Q3 - Q1.
C) Q3 - Q2.
D) Q4 - Q2.
E) 0Q4.

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