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Question EA Sapling Learning Suppose the table

Question : Question EA Sapling Learning Suppose the table : 9670

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EA Sapling Learning Suppose the table below represents the labor market of Papau New Guinea. Wage Quantity of Labor Demanded Quantity of Labor Supplied ($/hour) of workers) of workers) 34,000 7.00 38,000 36,000 36,000 7.50 34,000 38,000 8.00 32,000 39,000 8.50 9.00 30,000 40,000 If Papau New Guinea enacts a minimum wage of $8.00 per hour, the labor market will experience: O neither a shortage nor a surplus since the minimum wage is not binding. O a surplus of 4,000 workers. O a shortage of 4,000 workers O a surplus of 2,000 workers. O a shortage of 2,000 workers. Map

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