In the above figure suppose a minimum wage of 8 per hour is ...

[Marty]

In the above figure suppose a minimum wage of 8 per hour is imposed. As a result, the quantity of labor supplied is ________ hours and the quantity of labor demanded is ________ hours.
 
  A) 3,000; 4,000
  B) 4,000; 4,000
  C) 2,000; 4,000
  D) 4,000; 2,000

Question 2

In the above table, the marginal product of the second worker is
 
  A) 1.
  B) 2.
  C) 3.
  D) 4.

[brittanywood]

Answer to Question 1

D

Answer to Question 2

D

[Marty]

Thanks for the timely response, appreciate it

[raili21]

Excellent