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hungry22 hungry22
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A year ago
The following figure shows the labor demand curve, LD1, and labor supply curve, LS1, in a market.




Refer to the figure above. If the government sets the minimum wage rate at $35, the unemployment in the market will be ________.

▸ 15 units of labor

▸ 10 units of labor

▸ 25 units of labor

▸ 20 units of labor
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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shadowblacwshadowblacw
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A year ago
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hungry22 Author
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A year ago
this is exactly what I needed
mkyoungs
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Yesterday
Correct Slight Smile TY
erimis
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2 hours ago
You make an excellent tutor!
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