Use the Table Below to Answer the Following Questions

question 40

Multiple Choice

Use the table below to answer the following questions.
Table 6.2.1

-Table 6.2.1 gives the supply and demand schedules for teenage labour in Genoa City. There is a minimum wage set at $6 per hour. Suppose a new fast food restaurant opens and increases the quantity demanded of teenage labour by 400 hours per week at each wage rate. The result is

• A)elimination of teenage unemployment and a wage rate of $7 per hour.
• B)elimination of teenage unemployment, but the wage rate remains at $6 per hour.
• C)some teenage unemployment with the wage rate remaining at $6 per hour.
• D)no change in teenage unemployment because the wage rate rises to $7 per hour.
• E)none of the above

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Definitions:

Multicellular

Organisms composed of more than one cell, with cells differentiated to perform specialized functions, found in most life forms including plants, animals, and fungi.

Club Fungi

Fungi belonging to the division Basidiomycota, characterized by their reproductive structure shaped like a club.

Mushrooms

Fungi producing spore-bearing fruiting bodies that are often eaten as food.

Sac Fungi

Fungi that form spores in a sac-shaped structure during sexual reproduction. Most diverse fungal group.