Biology Forums - Study Force

The table below shows the labour demand and labour supply schedules in a competitive labour market.

Wage Rate ($/hour)	Quantity Demanded of Labour (hours/month)	Quantity Supplied of Labour (hours/month)
10	1300	500
12	1000	1000
14	800	1300
15	400	1500
17	200	1800

TABLE 14-1

Refer to Table 14-1. If the wage rate is $15 per hour, how many hours per month are supplied to this market but are not actually employed?

▸ 0

▸ 1000

▸ 400

▸ 1100

▸ 1500

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