Refer to Table 4-4. If a minimum wage of $10.00 is mandated there will be a

A) shortage of 20,000 units of labor. B) surplus of 40,000 units of labor.
C) shortage of 40,000 units of labor. D) surplus of 20,000 units of labor.

B

Economics

You might also like to view...

How can changes over time of the average height of the people in a country help to indicate the standard of living in a country?

What will be an ideal response?

Economics

The Marshall Plan (1948–51) brought about the immediate integration of Europe into international markets

Indicate whether the statement is true or false

Economics