Refer to Table 4-8. What is the equilibrium hourly wage (W*) and the equilibrium quantity of labor (Q*)?
A) W* = $8.50; Q* = 380,000 B) W* = $8.50; Q* = 360,000
C) W* = $9.00; Q* = 370,000 D) W* = $9.00; Q* = 740,000
C
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