-In the above figure, what is the quantity of workers that would be hired in a perfectly competitive market?

Question

Quizplus · Accepted Answer

In a perfectly competitive market, the quantity of workers hired is determined by the intersection of the supply and demand curves for labor. This point represents the equilibrium wage and quantity of labor. Without seeing the figure, the correct answer cannot be determined specifically, but typically, Q3 would be chosen to represent this equilibrium point based on standard economic models and the options provided.

-In the Above Figure, What Is the Quantity of Workers