The Following Graph Represents Zendar's Labor Market

question 161

Multiple Choice

The following graph represents Zendar's labor market.Use this graph to answer the following questions:

-At all wages below ________,there will be ________.

• A) $10; a surplus
• B) $25; a shortage
• C) $40; a surplus
• D) $35; no labor supplied
• E) $20; no labor demanded

---

Definitions:

Product Liability

The legal obligation of manufacturers and sellers to compensate for injuries caused by defective or dangerous products.

Manufacturer

A manufacturer is a person or company that makes goods for sale, often involving the transformation of raw materials into finished products through manual labor or machinery.

Loss

The state of being deprived of or of being without something that one has had or expected.

Garage Liability

Garage liability insurance provides coverage for bodily injury or property damage caused by an automotive business's operations or by vehicles owned or used by the business.