Below is data about the labor market in the state of Northwoods. Wage Quantity Demanded Quantity Supplied $10 80,000 120,000 $9 90,000 110,000 $8 100,000 100,000 $7 110,000 90,000 $6 120,000 80,000
If the state government imposed a minimum wage of $9, how many people would be unemployed?

So the number of people who would be unemployed is 111111.

Step-by-step explanation:

We calculate the total number of people and how much money they will need:

So the total number of people receiving a salary is 1000000.

A total of $ 8000000 is required for their salaries.

If the minimum wage is $ 9, we get:

So the number of people who would be unemployed is 111111.

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step-by-step explanation:

c. (3,2,6) is the answer.