How do you get 400

it might increase or decrease Question 2 0 / 0.5 pts 6.00 Minimum 5.50 wage Wage rate (dollars per hour] 5.00 4.50 4.00 3.50 3.00 8 9 10 11 12 Quantity (hundreds of hours per day] The above figure illustrates the labor market for fast food restaurants in a small city in Peru. What would be the effects of a minimum wage imposed at $5.50 per hour? Correct Answer unemployment equal to 400 hours You Answered unemployment equal to 200 hours a shortage of 400 hours nothing because the minimum wage has no effect on the equilibrium price and quantity Quiz Score: 0.5 out of 1