The Table Below Shows the Labour Demand and Labour Supply

question 112

Multiple Choice

The table below shows the labour demand and labour supply schedules in a competitive labour market.
TABLE 14-1
-Refer to Table 14-1.If the wage rate is $15 per hour,how many hours per month are supplied to this market but are not actually employed?

• A)0
• B)400
• C)1000
• D)1100
• E)1500

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Definitions:

Watergate

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The site of an unsuccessful attempted invasion of Cuba by Cuban exiles, sponsored by the U.S. government, in April 1961.

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A process that starts from an initial state of small significance and builds upon itself, becoming larger and potentially more significant.

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