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Refer to the Information Provided in Figure 14

Question 63

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Refer to the information provided in Figure 14.2 below to answer the questions that follow.
Refer to the information provided in Figure 14.2 below to answer the questions that follow.    Figure 14.2 -Refer to Figure 14.2.According to classical economists if the wage rate is A) $15,the wage rate will decline to eliminate the surplus. B) $15,the wage rate will increase to eliminate the shortage. C) $6,the wage rate will decline to eliminate the surplus. D) $15,the wage rate will decline to eliminate the shortage. Figure 14.2
-Refer to Figure 14.2.According to classical economists if the wage rate is


A) $15,the wage rate will decline to eliminate the surplus.
B) $15,the wage rate will increase to eliminate the shortage.
C) $6,the wage rate will decline to eliminate the surplus.
D) $15,the wage rate will decline to eliminate the shortage.

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