Use the Figure Below to Answer the Following Questions

question 47

Multiple Choice

Use the figure below to answer the following questions.

Figure 18.3.1
-Refer to Figure 18.3.1.This figure shows the value of marginal product of labour curve,the labour supply curve,and the marginal cost of labour curve.Suppose the government passes a minimum wage law that prohibits anyone from hiring labour at less than $6.50 per hour.The new marginal cost of labour (MCL) for the monopsonist

• A)is not affected.
• B)equals $6.50 only from zero to 50 hours of labour.
• C)equals $6.50 only from zero to 75 hours of labour.
• D)equals $6.50 only from zero to 100 hours of labour.
• E)none of the above.

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Definitions:

Hypokalemia

A medical condition characterized by lower-than-normal levels of potassium in the bloodstream, which can affect heart and muscular function.

Laxatives

Substances that promote bowel movements and are used to treat or prevent constipation, often by softening stools or increasing their passage through the bowels.

Refeeding

The process of gradually reintroducing food after a period of malnutrition or starvation, aiming to prevent refeeding syndrome.