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Figure 9-1 This Figure Shows the Effect of a Minimum-Wage Law

Question 5

Multiple Choice

Figure 9-1
This figure shows the effect of a minimum-wage law. Figure 9-1 This figure shows the effect of a minimum-wage law. -Refer to Figure 9-1. Which of the following describes the equilibrium point in the diagram where there is an absence of the minimum-wage law? A) $4 and 20 workers B) $5 and 30 workers C) $5 and 40 workers D) $6 and 40 workers
-Refer to Figure 9-1. Which of the following describes the equilibrium point in the diagram where there is an absence of the minimum-wage law?


A) $4 and 20 workers
B) $5 and 30 workers
C) $5 and 40 workers
D) $6 and 40 workers

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