-The Figure Above Shows the Demand for and Supply of Labor

question 265

Multiple Choice

-The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $4 per hour, how many hours of students' labor are unemployed?

• A) 12,000 hours
• B) 9,000 hours
• C) 6,000 hours
• D) 0 hours

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