Word File Edit View Insert Format Tools Table Window Help 84% Mon 5:02 AM pls Q O.. AutoSave . OFF Final Exam Econ1B_Graphing Portion Q TREAM Home Insert Draw Design Layout References Mailings Review View Tell me Share Comme Cambria M... ~ 12 " A" A Aa Ap REEVEVEE AaBbCcDdEt AaBb CcDdEc AaBbCcDdEt AaBbCcDc AaBbCcDdEr Paste BI Uvab x x ADVA Normal Body Text No Spacing Heading 1 Heading 2 Styles Dictate Sensitivity Pane NAME FINAL EXAM - Principles of Microeconomics This is exam online, so I am considering it open book. The words you write must be your own, or I will consider it plagiarism and cheating. Nothing is on this exam that we haven't discussed, so take your time, try to answer every question, and use this opportunity to show me how much you have learned year. This ust be submitted to Canvas by May 14th at 3:00 am to count toward your final exam grade. Short Graphing Questions (12 points each) 1. The equilibrium wage for a pizza maker is $16 per hour, and pizzas are sold for $8 each. Use this information to fill in the table below and graph the labor market for pizza makers. Indicate the equilibrium wage and quantity of labor. How would an increase in the price pizza is sold for affect the market? What would be the new equilibrium wage and quantity of labor? Labor MPL VMPL Text 0 0 4 1 7 2 3 9 3 2 10 4 - 368 words English (United States) IT E Focus - + 10 MAY 11 W X P