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-In the Above Figure, Without a Minimum Wage, the Equilibrium

Question 100

Multiple Choice

-In the above figure, without a minimum wage, the equilibrium quantity of labor employed ________ million hours, and the equilibrium wage rate is ________ per hour. A) 100; $6 B) 200; $12 C) 300; $18 D) 400; $24
-In the above figure, without a minimum wage, the equilibrium quantity of labor employed ________ million hours, and the equilibrium wage rate is ________ per hour.


A) 100; $6
B) 200; $12
C) 300; $18
D) 400; $24

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