Multiple Choice
Figure 19-5
-Refer to Figure 19-5. Given demand for labor, D1, and supply of labor, S1, what are the equilibrium wage and quantity of labor?
A) $5 and 250
B) $6 and 200
C) $8 and 100
D) $8 and 400
Correct Answer:

Verified
Correct Answer:
Verified
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