Determine wage rate the equilibruim quantity of apricot, Microeconomics

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Determine wage rate the equilibruim quantity of apricot

Suppose the equiilbruim wage rate for apricot pickers is $9.00 per hour in california and at that wage rate the equilibruim quantity of apricot pickers is 14,000. If the minimum wage is set at $7.50 per hour then the

a. quantity of apricot pickers empolyed increases
b. quantity of apricot pickers employed does not change
c. wage rate for apricot pickers increases
d. some apricot pickers are unemployed
e. quantity of apricot pickers employed decreases

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Microeconomics: Determine wage rate the equilibruim quantity of apricot

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Microeconomics: Determine wage rate the equilibruim quantity of apricot

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Microeconomics: Determine wage rate the equilibruim quantity of apricot

Reference No:- TGS074470

Recent Questions Asked Microeconomics

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