Draw the market for labor in the food service industry

Reference no: EM133380686

Question: Draw the market for labor in the food service industry below where 525 is the highest wage that any firm would demand labor and $5 is the lowest wage accepted by any worker that supplies their labor to the market. The equilibrium wage is SID/hour and quantity of labor employed is 18.4 million workers.

Reference no: EM133380686

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