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    Exam 7: Government Actions in Markets
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    -The Above Figure Shows a Labour Market with a Minimum
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-The Above Figure Shows a Labour Market with a Minimum

Question 79

Question 79

Multiple Choice

  -The above figure shows a labour market with a minimum wage equal to $16. In this figure, what area equals the deadweight loss? A)  Area A B)  Area B C)  Area C D)  Area D E)  Area E
-The above figure shows a labour market with a minimum wage equal to $16. In this figure, what area equals the deadweight loss?


A) Area A
B) Area B
C) Area C
D) Area D
E) Area E

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