In a particular labour market,the demand for labour is given by W = 20 - (1 / 100)L,and the supply of labour is given by W = 4 + (1 / 100)L,where W is the wage rate and L is the number of workers.The equilibrium wage is _____,and the equilibrium number of workers is _____.
A) $10;1 000
B) $12;800
C) $8;1 200
D) $20;1 000

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The Answer of In a particular labour market,the demand for labour is given by W = 20 - (1 / 100)L,and the supply of labour is given by W = 4 + (1 / 100)L,where W is the wage rate and L is the number of workers.The equilibrium wage is _____,and the equilibrium number of workers is _____.
A) $10;1 000
B) $12;800
C) $8;1 200
D) $20;1 000

In a Particular Labour Market,the Demand for Labour Is Given