Suppose that the demand for labour is given by P = 30 - Q and the Supply of labour is given by P =
2Q. If a minimum wage of 24 is imposed on the labour market, the deadweight loss is:
A)24.
B)2.
C)6.
D)20.

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The Answer of Suppose that the demand for labour is given by P = 30 - Q and the Supply of labour is given by P =
2Q. If a minimum wage of 24 is imposed on the labour market, the deadweight loss is:
A)24.
B)2.
C)6.
D)20.

Suppose That the Demand for Labour Is Given by P