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-In the Figure Above,if the Minimum Wage Rate Is $8

Question 206

Multiple Choice

  -In the figure above,if the minimum wage rate is $8 per hour,then after taking account of resources lost in job search,the workers' surplus is the area ________ and the firms' surplus is the area ________. A)  e; c B)  d; b C)  a; f D)  f; a E)  a + b + c + d + e; f
-In the figure above,if the minimum wage rate is $8 per hour,then after taking account of resources lost in job search,the workers' surplus is the area ________ and the firms' surplus is the area ________.


A) e; c
B) d; b
C) a; f
D) f; a
E) a + b + c + d + e; f

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