Quantity demanded Quantity supplied Wage per day per day per day (in thousands) (in thousands) 250 2.0 5.0 Draw the demand and supply curves for dishwashers What is the equilibrium daily wage rate and quantity of dishwashers? What is the total (i.e., cumulative) daily income of dishwashers at the equilibrium daily wage? At a minimum daily wage of $200 per day, how many dishwashers will be employed? How many will be unemployed? What will be the total daily income of dishwashers? At a minimum wage of $250 per day, how many dishwashers will be employed? How many will be unemployed? What will be the total daily income of dishwashers? Attributed to Libby Rittenberg and Timothy Tregarthen Saylor URL: http://www.saylor.org/books/ Saylor.org 675