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Tool tip: Use your mouse to drag the green line on the graph. The values in the

ID: 1237193 • Letter: T

Question

Tool tip: Use your mouse to drag the green line on the graph. The values in the boxes on the right side of the calculator will change accordingly. You can also directly change the values in the boxes with the white background by clicking in the box and typing. The graph and any related values will change accordingly. Now, suppose the Florida legislature mandates a minimum wage of $9.00 per hour. If legally obligated to pay workers a minimum of $9.00 per hour, Florida firms will hire ___ workers. 200,000 500,000 140,000 320,000

Explanation / Answer

B. 500,000 workers is the answer according to the graph.