Multiple Choice
The figure given below shows the demand curves (D1 and D2) and supply curves (S1 and S2) of labor in the labor market. Figure: 15.2 
- In Figure 15.2,the initial labor supply is S1 ,and the labor demand is D1.If the wage is $6,which of the following is correct?
A) The actual wage is above the equilibrium wage.
B) There is a shortage of 30 workers.
C) There is a shortage of 20 workers.
D) There is a shortage of 10 workers.
E) The market is in equilibrium.
Correct Answer:

Verified
Correct Answer:
Verified
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