Question: I'm confused... (5). Use Figure Five below to answer the following questions regarding an increase in the minimum wage from $7.25 to $9.50 per hour.

I'm confused...

(5). Use Figure Five below to answer the following questions regarding an increase in the minimum wage from $7.25 to $9.50 per hour. (5 pts.) When the minimum wage is 7.25 per hour, answer the following questions: a.. what is the wage being paid to these workers? b. what is the number of workers with jobs? When the minimum wage is $9.50 per hour, answer the following questions: C. what is the wage being paid to these workers? d. what the number of workers with jobs? e. what is the number of workers unemployed? S $9.50 FIGURE FIVE $8.50 $7.25 D 200 250 300 450 O

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