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In Figure 33

Question 112

Multiple Choice

In Figure 33.4, what is the cost of labor to the firm after the imposition of the payroll tax, and how many workers will be hired? A) W<sub>3</sub> and L<sub>0.</sub> B) W<sub>3</sub> and L<sub>2.</sub> C) W<sub>5</sub> and L<sub>1.</sub> D) W<sub>3</sub> and L<sub>1.</sub> In Figure 33.4, what is the cost of labor to the firm after the imposition of the payroll tax, and how many workers will be hired?


A) W3 and L0.
B) W3 and L2.
C) W5 and L1.
D) W3 and L1.

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