Question: Graph Input Tool ? Market for Labor in the Fast Food Industry 20 I Wage 6 Supply (Dollars per hour) Labor Demanded 900 Labor Supplied

 Graph Input Tool ? Market for Labor in the Fast Food

Graph Input Tool ? Market for Labor in the Fast Food Industry 20 I Wage 6 Supply (Dollars per hour) Labor Demanded 900 Labor Supplied 378 (Hundreds of (Hundreds of workers) workers) WAGE (Dollars per hour) Demand + N 0 90 180 270 360 450 540 630 720 810 900 LABOR (Hundreds of workers) In this market, the equilibrium wage is $ per hour, and the equilibrium quantity of labor is hundred workers. Suppose the mayor of Combopolis introduces a legal minimum wage of $6 per hour. This type of price control is called a

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