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Wage per hour $7.25 $6.50 - - $4.50 - - - D. 500 800 900 1200 Number of workers Please refer to the graph shown

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Wage per hour $7.25 $6.50 - - $4.50 - - - D. 500 800 900 1200 Number of workers Please refer to the graph shown above. If the government establishes a price floor of $4.50 per hour, there will be: a shortage of 500 workers a shortage of 400 workers no effect O a surplus of 300 workers

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