Question: Hello: Question my answer would have been 7000 bc that's the point that intersect with the supply labor, However the answer 3000. Why in this
Hello:
Question my answer would have been 7000 bc that's the point that intersect with the supply labor, However the answer 3000. Why in this case they are considerate the demand labor line to determinate the answer and not the supply labor line. The question says how many workers will be employed? Refers to Workers Supply labor? What is the key words I need to look in order to identify the answer? i don't really know when to look for demand or supply labor?
thanks

Figure 28-3 Twage 10 -...mmm 0 ...i. 8 3 ...j... ...... 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 $8, then how many workers will be employed? Selected Answer: c. 3,000 Answers: a. 7,000 b. 5,000 c. 3,000 d. 4,000
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