In Figure 30.2, a minimum wage of $12 will result in
A) A shortage of 32 workers.
B) A shortage of 44 workers.
C) A surplus of 20 workers.
D) No shortage or surplus of workers.

Question

In Figure 30.2, a minimum wage of $12 will result in
A) A shortage of 32 workers. 
B) A shortage of 44 workers. 
C) A surplus of 20 workers. 
D) No shortage or surplus of workers.

Quizplus · Accepted Answer

The Answer of  In Figure 30.2, a minimum wage of $12 will result in
A) A shortage of 32 workers. 
B) A shortage of 44 workers. 
C) A surplus of 20 workers. 
D) No shortage or surplus of workers.