The Following Figures Show the Demand (D)and Supply (S)curves of Micro

The following figures show the demand (D) and supply (S) curves of micro and macro economists. Figure 15.7 In Figure 15.7, assume that micro- and macroeconomists must be paid the same because of comparable-worth laws.If the wage is $12, then:

A) there is a shortage of macroeconomists and a surplus of microeconomists.
B) there is a shortage of microeconomists and a surplus of macroeconomists.
C) there is a shortage of both macroeconomists and microeconomists.
D) there is a surplus of both macroeconomists and microeconomists.
E) the labor market for economists as a whole is in equilibrium.

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