-In the Above Figure, If the Government Imposed a Minimum

question 21

Multiple Choice

-In the above figure, if the government imposed a minimum wage of $8 per hour in this labour market, the increase in the hourly wage for those who are able to keep their jobs is

• A) $6 per hour.
• B) $8 per hour.
• C) $2 per hour.
• D) $4 per hour.

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Definitions:

Quadra-

A prefix meaning four or fourfold, used to describe quantities or units.

Within

Inside or not further than a certain area, time period, or range.

Endo-

A prefix meaning "inside," "within," or "internal."

-cidal

A suffix indicating a substance or agent that kills or destroys a specified type of organism, such as bactericidal, which kills bacteria.