Question: Figure 28-1 W/P $6 + -- 5 4. 20 30 40 Q 26. Refer to Figure 28-1. The equilibrium wage and employment in this market

Figure 28-1 W/P $6 + -- 5 4. 20 30 40 Q 26. Refer to Figure 28-1. The equilibrium wage and employment in this market is a. $6 and 20 workers. b. $5 and 30 workers. c. $4 and 40 workers. d. Any of the above could be correct. 27. Refer to Figure 28-1. If there were no minimum wage and then the government instituted a minimum wage of $6, in this market, unemployment would a. fall by 10. b. fall by 20. C. increase by 10. d. increase by 20

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