12 10 8 6 4 2 0 S D 20 40 60 80 100 120 140 Quantity (thousands of workers) Select one: O a. 60,000 O b. 20,000 O c. 80,000 O d. 40,000 The figure above shows the labor market in a region. If a minimum wage of $8 an hour is imposed, then there are unemployed workers. Time left 0:47:06

12 10 8 6 4 2 0 S D 20 40 60 80 100 120 140 Quantity (thousands of workers) Select one: O a. 60,000 O b. 20,000 O c. 80,000 O d. 40,000 The figure above shows the labor market in a region. If a minimum wage of $8 an hour is imposed, then there are unemployed workers. Time left 0:47:06

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

12
10
8
4
2.
0 20 40 60 80 100 120 140
Quantity (thousands of workers)
S
The figure above shows the labor market in a region. If a minimum wage of $8 an hour is imposed, then there are
unemployed workers.
Select one:
a. 60,000
O b. 20,000
O c. 80,000
O d. 40,000
Time left 0:47:06

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