Figure: the Demand for Bricklayers (Figure: the Demand

question 173

Multiple Choice

Figure: The Demand for Bricklayers (Figure: The Demand for Bricklayers) Look at the figure The Demand for Bricklayers.The equilibrium market wage for bricklayers is $100 a day, but there is a new minimum wage of $120 a day for bricklayers.From this information, we can see that:

• A)three workers who otherwise would have been employed by this firm are now unemployed.
• B)four workers will now be hired by this firm.
• C)all bricklayers are better off.
• D)this firm will shut down.

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