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    -In the Figure Above, If the Minimum Wage Rate Is
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-In the Figure Above, If the Minimum Wage Rate Is

Question 44

Question 44

Multiple Choice

  -In the figure above, if the minimum wage rate is $8 per hour, then, after taking account of resources lost in job search, the workers' surplus is the area ________ and the firms' surplus is the area ________. A)  e; c B)  a; f C)  f; a D)  d; b E)  a + b + c + d + e; f
-In the figure above, if the minimum wage rate is $8 per hour, then, after taking account of resources lost in job search, the workers' surplus is the area ________ and the firms' surplus is the area ________.


A) e; c
B) a; f
C) f; a
D) d; b
E) a + b + c + d + e; f

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