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Consider the Graph of the Labor Market Shown Here

Question 119

Multiple Choice

Consider the graph of the labor market shown here. At the wage rate of $13, the market has a:
Consider the graph of the labor market shown here. At the wage rate of $13, the market has a:   A) surplus of 2,000 workers. B) shortage of 4,000 workers. C) surplus of 4,000 workers. D) shortage of 2,000 workers.


A) surplus of 2,000 workers.
B) shortage of 4,000 workers.
C) surplus of 4,000 workers.
D) shortage of 2,000 workers.

Correct Answer:

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