Use the Following to Answer Question(s): the Minimum Wage

question 165

Multiple Choice

Use the following to answer question(s) : The Minimum Wage

-(Exhibit: The Minimum Wage) The total income received by the workers when the market is in equilibrium is:

• A) W₂ times L₁.
• B) W₁ times L₁.
• C) W₀ times L₃.
• D) W₀ times L₂.

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