Refer to the Graph Shown

question 36

Multiple Choice

Refer to the graph shown. If government establishes a price floor of $7.25 per hour, there will be a:

• A)shortage of 400 labor hours.
• B)surplus of 400 labor hours.
• C)shortage of 300 labor hours.
• D)surplus of 300 labor hours.

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Definitions:

Stress

A psychological and physical response to challenges or demands, characterized by feelings of strain and tension.

Motivating Component

An element or feature that increases the drive or incentive for an individual to perform a certain action or task.

Organizational Citizenship Behavior

Voluntary behaviors employees show which go beyond their basic job requirements to support their organization's success.

Personal Support Dimension

An aspect of social and emotional support that individuals provide to each other, especially in stressful or challenging circumstances.