The Figure Below Shows the Supply Curve for Labor

The figure below shows the supply curve for labor.Figure 16.1

-The labor market is in equilibrium when:

A) the demand curve lies above the supply curve.
B) both demand and supply curves are positively sloped.
C) both demand and supply curves are negatively sloped.
D) the demand curve intersects the supply curve.
E) the demand curve is negatively sloped but the supply curve is positively sloped.

Correct Answer:

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