Figure 19-6 25.00 Demand Supply 22.50 20.00 17.50 15.00 12.50 10.00 7.50 5.00 2.50 10 20 30 40 50 60 70 80 90 100 QUANTITY OF LABOR (Worker hours) Refer to Figure 19-6 . This figure depicts labor demand and supply for the widget industry. The market equilibrium wage is $15. If the minimum wage in the economy is $10, how many hours of labor will be demanded from firms in the widget industry? Оа. 10 Ob. o Ос. 60 Od. 90 WAGE

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