Use the Following Diagram to Answer the Following Questions

question 68

Multiple Choice

Use the following diagram to answer the following questions.

-Refer to Minimum Wage. As a result of the minimum wage:

• A) N₂ to N₃ workers enter the market, but cannot find jobs.
• B) N₂ to N₁ workers enter the market, but cannot find jobs.
• C) N₁ to N₃ workers enter the market, but cannot find jobs.
• D) the demand for labor will increase.

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