Figure 9-1 This Figure Shows the Effect of a Minimum-Wage Law

question 5

Multiple Choice

Figure 9-1
This figure shows the effect of a minimum-wage law.
-Refer to Figure 9-1. Which of the following describes the equilibrium point in the diagram where there is an absence of the minimum-wage law?

• A) $4 and 20 workers
• B) $5 and 30 workers
• C) $5 and 40 workers
• D) $6 and 40 workers

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