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​The Following Graph Shows the Labor Market

question 118

Multiple Choice

​The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. Which unit of the resource is earning the least economic rent? ​
Figure 11.1
​The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. Which unit of the resource is earning the least economic rent? ​ Figure 11.1   A) The fifth unit B) The tenth unit C) The fifteenth unit D) The twentieth unit E) The thirtieth unit


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