There Are Two Separate Labor Markets in Toontown,illustrated by the Graphs

question 85

Multiple Choice

There are two separate labor markets in Toontown,illustrated by the graphs below.Both labor markets currently pay $6.00 per hour,and both require the same skills and qualifications.The Toontown City Council is considering enacting a $7.50 living wage ordinance,which would require all Toontown employers to pay wages of at least $7.50 per hour.
At the current wage of $6.00,worker surplus in Market A is ____ and in Market B is ___.

• A)36;36
• B)9;18
• C)18;18
• D)18;36

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Definitions:

Consent

Voluntary agreement or permission for something to happen, based on an understanding of what the action entails.

Child's Agreement

The consent or assent of a minor, under the age of legal competence, to participate in activities or decisions affecting them, often requiring parental permission.

Participate

To take part or become involved in an activity or event.

Assent

A form of agreement or approval, particularly in situations where the consent of a minor is obtained in addition to parental consent.