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question 266

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Use the following to answer questions :
Figure: The Minimum Wage Use the following to answer questions : Figure: The Minimum Wage   -(Figure: The Minimum Wage)  Look at the accompanying figure on the labor market. The binding minimum wage of P<sub>3</sub> leads to unemployment of: A) Q<sub>3</sub> - Q<sub>1</sub>. B) Q<sub>3</sub> - Q<sub>2</sub>. C) Q<sub>4</sub> - Q<sub>1</sub>. D) Q<sub>4</sub> - Q<sub>2</sub>.
-(Figure: The Minimum Wage) Look at the accompanying figure on the labor market. The binding minimum wage of P3 leads to unemployment of:


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