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27. In the graph answer the following questions (6 points) a. What is the equilibrium wage 8.00 S Wage rate 6.00 b. What is the
27. In the graph answer the following questions (6 points) a. What is the equilibrium wage 8.00 S Wage rate 6.00 b. What is the equilibrium number of food servers (dollars employed per day per day) 4.00 2.00 c. If the wage rate would hit the ceiling of $6.00 D what is the outcome? 0 5 10 15 20 25 Quantity of labor (thousands of servers per day)
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