Table 4-4 Table 4-4 Shows the Demand and Supply Schedules for the and Supply

question 185

Multiple Choice

Table 4-4

Table 4-4 shows the demand and supply schedules for the labor market in the city of Pixley.
-Refer to Table 4-4.If a minimum wage of $12.50 an hour is mandated, what is the quantity of labor demanded?

• A)80,000
• B)550,000
• C)630,000
• D)1,180,000

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