Assume That There Is a Supply and Demand Market for Nonpreferred

question 43

Multiple Choice

Assume that there is a supply and demand market for nonpreferred workers. If prejudice against these workers among employers increases, then there will be a(n)

• A)increased supply of these workers, a rise in their wage rate, and a decrease in their employment.
• B)increased demand for these workers, a rise in their wage rate, and an increase in their employment.
• C)decreased supply of these workers, a fall in their wage rate, and a decrease in their employment.
• D)decreased demand for these workers, a fall in their wage rate, and a decrease in their employment.

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Definitions:

Market Price

The prevailing rate at which a service or asset is available for purchase or sale in a specific market.

Tastes

The individual preferences and desires that influence consumer behavior and choice in the market, affecting the demand for goods and services.

Cardiovascular Malformation

An abnormality or defect in the structure of the heart or blood vessels, often present from birth, that can affect blood flow and heart function.

Fetus

A developing mammal or human inside the womb, specifically after the embryonic stage and before birth.