Table 54 Table 5-4 Shows the Demand and Supply Schedules

Multiple Choice

Table 5.4 Table 5-4 shows the demand and supply schedules for labour market in the city of Pixley.
-Refer to Table 5.4.If a minimum wage of $12.50 an hour is mandated, the quantity of labour demanded is

A) 80 000
B) 550 000
C) 630 000
D) 1 180 000