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-The Figure Above Shows the Demand for and Supply of Labor

Question 386

Multiple Choice

-The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $8 per hour, how many hours do students work? A) 12,000 hours B) 9,000 hours C) 6,000 hours D) None of the above answers is correct.
-The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $8 per hour, how many hours do students work?


A) 12,000 hours
B) 9,000 hours
C) 6,000 hours
D) None of the above answers is correct.

Correct Answer:

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