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4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City. Use the graph
4. Minimum wage legislation The following graph shows the labor market in the fast-food industry in the fictional town of Supersize City. Use the graph input tool to help you answer the Following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. \\ Graph Input Tool CL 20 _ Market for Labor in the Fast Food Industry 18 _ Wage 6 16 __ Supply (Dollars per hour) 1: Labor Demanded 500 Labor Supplied 210 a 14 - (Thousands of (Thousands of f workers) workers) a) 12 O. E 10 - - - - - - - I+ B I 9. a I Demand 5 I
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