Multiple Choice
Figure 9.2 represents the U.S.labor market.Assume that labor and capital are the only factors of production.Also assume the initial supply schedule of labor is denoted by S0 and consists entirely of native U.S.workers.The demand schedule of labor is denoted by D0.
Figure 9.2.U.S.Labor Market
-Consider Figure 9.2.At labor market equilibrium,the payment to U.S.capital owners equals:
A) $3
B) $6
C) $9
D) $12
Correct Answer:

Verified
Correct Answer:
Verified
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