In the Following Graph, S and D Represent the Supply

question 22

Multiple Choice

In the following graph, S and D represent the supply and demand curves respectively, in the labour market. Refer to the graph to answer the question. When the wage in the market is set at £15:

• A) there is a surplus of 300 workers.
• B) there is a shortage of 100 workers.
• C) there is a surplus of 200 workers.
• D) there is a shortage of 275 workers.

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Definitions:

Middle-Class Women

Refers to women who belong to the social group between the working class and upper class, often characterized by moderate economic stability, education, and professional employment.

Nineteenth Century

The 1800s, marked by significant events including industrialization, colonialism, and numerous social and political changes worldwide.

African Methodist Episcopal Church

A historic African-American Methodist denomination founded in the early 19th century, emphasizing civil rights and social justice.

White Slave Traders

Refers to individuals or groups involved in the coerced trade of humans, typically for the purposes of forced labor or sexual exploitation, historically involving Europeans and Americans.