Which One of the Following Will Most Likely Be Harmed

question 68

Multiple Choice

Which one of the following will most likely be harmed by legislation exempting teenagers from the minimum wage?

• A) a high school student seeking a part-time job
• B) a high-skilled, 30-year-old worker who is unlikely to compete with low-skilled teenagers in the employment market
• C) a large family that often employs the services of low-skilled, part-time workers
• D) an illiterate 40-year-old worker with few labor skills

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Definitions:

Quantity Of Produced

The total amount of goods and services produced by an economy or business within a specific period.

Specialization

The process of focusing on and becoming an expert in a particular field or task, potentially leading to increased efficiency and productivity.

Particular Product

A specific good or service that is distinct among others due to unique characteristics or qualities.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or taking an action.