Figure 19-7 
-Refer to Figure 19-7. The figure shows labor demand and labor supply in a non-unionized labor market. If the current labor demand is D1 and the current labor supply is S1, when a minimum wage of $18 per hour is imposed in this market, how many unemployed workers result?
Definitions:
Q2: When a competitive firm hires labor up
Q3: Refer to Scenario 18-1. What is the
Q29: Suppose that the labor market for life
Q136: Which of the following would tend to
Q143: Sunshine's Organic Market sells organic produce. Assume
Q166: List three reasons why wages could be
Q240: A profit-maximizing, competitive firm for which the
Q323: Refer to Table 19-2. In 2011, on
Q408: A competitive firm sells its output for
Q449: The labor supply curve shifts when<br>A)employers need