The labor supply curve is given by the equation L_S = 3W + 20 and the labor demand curve is given by the equation L_D = 80 − 2W. The equilibrium number of workers in this labor market is: A) 12. B) 20. C) 36. D) 56. E) 80.

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The Answer of The labor supply curve is given by the equation L_S = 3W + 20 and the labor demand curve is given by the equation L_D = 80 − 2W. The equilibrium number of workers in this labor market is: A) 12. B) 20. C) 36. D) 56. E) 80.

The Labor Supply Curve Is Given by the Equation LS

The Labor Supply Curve Is Given by the Equation L_S