Question: Hello: I just need clarification on this question. The reason why the answer is 0 is because the initial equilibrium demand and supply labor is
Hello:
I just need clarification on this question. The reason why the answer is 0 is because the initial equilibrium demand and supply labor is higher that at the imposed wage $4?

10 wage -......x ....... 00 ....... ......... ......... ...i.... D 10 20 30 40 50 60 70 80 90 hundreds of workers Refer to Figure 28-3. If the government imposes a minimum wage of $4, then unemployment will increase by Selected Answer: d. 0 workers. Answers: a. 2,000 workers. b. 5,000 workers. c. 4,000 workers. d. 0 workers
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