Question

The graph shows the market for labor. Prior to the minimum wage law of $15 per hour per hour Alter the law, workers are hired. _workers are hired at Wage rate (dollars per hour) O A. 150,000, 515, 150,000 OB. 150,000 $15, 250,000 O C. 150,000, 59, 150,000 OD. 150,000 $9, 250,000 O E. 150,000, 59,50,000 0 50 100 150 200 250 300 Quantity (thousands of workers) Click to select your answer hp ? "* * * ** * * * * ***

Answer 1

at Wage rate (dollars per hour) 0 50 100 150 200 250 300 Quantity (thousands of workers)

Before minimum wage law, 150000 workers are hired at 9 per hour

After minimum wage law, 50000 workers are hired

option E is correct answer