Figure 28-3
-Refer to Figure 28-3.At the equilibrium wage,how many workers are employed?
A)0
B)1,000
C)5,000
D)9,000

Name: Figure 28-3 -Refer to Figure 28-3.At the equilibrium wage,how many workers are employed? A)0 B)1,000 C)5,000 D)9,000
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Question

Figure 28-3 
-Refer to Figure 28-3.At the equilibrium wage,how many workers are employed?
A)0 
B)1,000 
C)5,000 
D)9,000

Quizplus · Accepted Answer

At the equilibrium wage, which is where the supply and demand curves intersect, the number of workers employed is 5,000, as shown by the vertical line drawn from the equilibrium wage to the x-axis.

Figure 28-3 -Refer to Figure 28-3.At the Equilibrium Wage,how Many Workers Are