Use the following to answer questions:
Figure: Labor Market 1
-(Figure: Labor Market 1) If there is a price floor set at $9, how much deadweight loss is created, if any?
A) $15 million
B) $30 million
C) $60 million
D) There is no deadweight loss.

Question

Use the following to answer questions:
Figure: Labor Market 1 
-(Figure: Labor Market 1) If there is a price floor set at $9, how much deadweight loss is created, if any?
A) $15 million 
B) $30 million 
C) $60 million 
D) There is no deadweight loss.

Quizplus · Accepted Answer

The Answer of Use the following to answer questions:
Figure: Labor Market 1 
-(Figure: Labor Market 1) If there is a price floor set at $9, how much deadweight loss is created, if any?
A) $15 million 
B) $30 million 
C) $60 million 
D) There is no deadweight loss.

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