Use the Table Below to Answer the Following Questions

question 41

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. In an unregulated market,

• A)there is no teenage unemployment and the wage rate is $6 per hour.
• B)there is no teenage unemployment and the wage rate is $5 per hour.
• C)teenage unemployment is 400 hours and the wage rate is $6 per hour.
• D)teenage unemployment is 400 hours and the wage rate is $5 per hour.
• E)the minimum wage is $7 per hour.

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Definitions:

Rude

Displaying a lack of respect or consideration for others through impolite actions or words.

Polychronic

Referring to cultures or individuals that prefer to engage in multiple activities simultaneously and value the involvement in several events over strict adherence to schedules.

Monochronic

A perception of time as linear and segmented into fixed, sequential units, where tasks are approached one at a time.

Informal

A term describing actions, relations, or communication that occur without official or formal structures or procedures.