Multiple Choice
Use the following to answer questions :
Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers) Use Figure: The Demand for Bricklayers.The equilibrium market wage for bricklayers is $100 a day,but a minimum wage of $130 a day for bricklayers is set by the government.As a result:
A) 6 workers will now be hired by the firm.
B) 3 workers who would have been employed at the previous $100 market wage are now unemployed.
C) all bricklayers are better off.
D) construction firms will shut down.
Correct Answer:

Verified
Correct Answer:
Verified
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