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Use the Following Table,which Shows the Supply and Demand Schedules

Question 151

Multiple Choice

Use the following table,which shows the supply and demand schedules for workers in the country of Hovian,to answer the following questions:
Use the following table,which shows the supply and demand schedules for workers in the country of Hovian,to answer the following questions: -If the wage is set temporarily at $15,it will need to ________ to restore equilibrium. A) decrease to zero B) increase to $35 C) fall D) increase E) remain unchanged
-If the wage is set temporarily at $15,it will need to ________ to restore equilibrium.


A) decrease to zero
B) increase to $35
C) fall
D) increase
E) remain unchanged

Correct Answer:

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