Use the Table Below to Answer the Following Questions

Multiple Choice

Use the table below to answer the following questions.
Table 6.2.1

-Table 6.2.1 gives the supply and demand schedules for teenage labour in Genoa City. In an unregulated market,

A) there is no teenage unemployment and the wage rate is $6 per hour.
B) there is no teenage unemployment and the wage rate is $5 per hour.
C) teenage unemployment is 400 hours and the wage rate is $6 per hour.
D) teenage unemployment is 400 hours and the wage rate is $5 per hour.
E) the minimum wage is $7 per hour.