-The Table Above Gives Information About the Labour Market in Lantis

question 52

Multiple Choice

-The table above gives information about the labour market in Lantis, a community in which the labour market is perfectly competitive. The equilibrium wage rate is _______ an hour and the quantity of labour employed is _______ hours per day.

• A) $25; 200
• B) $5; 600
• C) $15; 400
• D) None of the above answers is correct.

---

Definitions:

Objectivity

Refers to the concept of being unbiased and impartial, evaluating facts without letting personal feelings or prejudices affect judgement.

Readability

The ease with which a reader can understand or interpret text.

Double-Barreled

A type of question or statement that asks about two different things simultaneously, making it challenging to answer or address directly.

Yea-Saying

A response bias wherein participants in a study agree or say 'yes' to questions regardless of their actual opinion.