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

question 59

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,employer surplus in Market A is ___ and in Market B is ___.

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

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