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Use the Following Diagram to Answer the Following Questions

Question 68

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions. -Refer to Minimum Wage. As a result of the minimum wage: A) N<sub>2</sub> to N<sub>3</sub> workers enter the market, but cannot find jobs. B) N<sub>2</sub> to N<sub>1</sub> workers enter the market, but cannot find jobs. C) N<sub>1</sub> to N<sub>3</sub> workers enter the market, but cannot find jobs. D) the demand for labor will increase.
-Refer to Minimum Wage. As a result of the minimum wage:


A) N2 to N3 workers enter the market, but cannot find jobs.
B) N2 to N1 workers enter the market, but cannot find jobs.
C) N1 to N3 workers enter the market, but cannot find jobs.
D) the demand for labor will increase.

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