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

question 100

Multiple Choice

Table 4-4
Table 4-4 shows the demand and supply schedules for the low-skilled labor market in the city of Westover.
-Refer to Table 4-4.If a minimum wage of $10.50 an hour is mandated,what is the quantity of labor supplied?

• A)400,000
• B)370,000
• C)340,000
• D)60,000