Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25?

a) 9
b) 12
c) 16
d) 19
e) 28

random answers will be reported!

The correct answer is 28.

When a minimum wage is set above the equilibrium price (price at which the amount of labor offered and supply is equal) there is a situation of excess supply. There is more people willing to work (28), than the amount of employees demanded by companies (9). Therefore, in opposition to an equilibrium situation, there is unemployment when a minimum wage is set.

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an informal structure in a bureaucracy would be something like so-called "office politics". where there's a formal structure set up for the organization, but then an informal subculture as well that has a way of organizing the bureaucracy further. this can be positive because it sets up an added degree of organization, albeit informal, within the bureaucracy.