Table 54 Table 5-4 Shows the Demand and Supply Schedules

question 146

Multiple Choice

Table 5.4 Table 5-4 shows the demand and supply schedules for labour market in the city of Pixley.
-Refer to Table 5.4.If a minimum wage of $12.50 an hour is mandated, the quantity of labour supplied is

• A)80 000
• B)550 000
• C)630 000
• D)1 180 000

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