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    Exam 4: Efficiency in Resource Allocation: How Much Do We Have How Much Do We Want
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    Use the Following Diagram to Answer the Following Questions
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Use the Following Diagram to Answer the Following Questions

Question 23

Question 23

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions.    -Refer to Wages. Employment loss from government imposing a minimum wage is given by: A)  N<sub>1</sub>. B)  N<sub>2</sub>. C)  N<sub>3</sub>-N<sub>1</sub>. D)  N<sub>2</sub>-N<sub>1</sub>.
-Refer to Wages. Employment loss from government imposing a minimum wage is given by:


A) N1.
B) N2.
C) N3-N1.
D) N2-N1.

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