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

question 386

Multiple Choice

-The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $8 per hour, how many hours do students work?

• A) 12,000 hours
• B) 9,000 hours
• C) 6,000 hours
• D) None of the above answers is correct.

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