The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. The opportunity cost in equilibrium is represented by the area _____.
Figure 11.1

A)a
B)b
C)c
D)a + b
E)b + c

Question

​The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. The opportunity cost in equilibrium is represented by the area _____. ​
Figure 11.1

A)a 
B)b 
C)c 
D)a + b 
E)b + c

Quizplus · Accepted Answer

The Answer of ​The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. The opportunity cost in equilibrium is represented by the area _____. ​
Figure 11.1

A)a 
B)b 
C)c 
D)a + b 
E)b + c

​The Following Graph Shows the Labor Market

The Following Graph Shows the Labor Market