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Question
Use the following table, which shows the supply and demand schedules for workers in the country of Hovian, to answer the following questions:
| Wage | Quantity of Workers Demanded | Quantity of Workers Supplied |
| $10 | 150 | 75 |
| $20 | 100 | 100 |
| $30 | 75 | 125 |
| $40 | 60 | 135 |
| $50 | 40 | 125 |
There will be a surplus of ________ workers at a wage of ________.
a. 75; $10
b. 100; $20
c. 135; $40
d. 40; $40
e. 50; $30
Answer
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