Figure 19-5 -Refer to Figure 19-5. Given Demand for Labor, D1, and Labor

question 196

Multiple Choice

Figure 19-5
-Refer to Figure 19-5. Given demand for labor, D1, and supply of labor, S2, what is the surplus of labor if a minimum wage of $8 per hour is imposed on this market?

• A)100
• B)200
• C)300
• D)400

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