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In the figure above, item 1 points to a list of choices for ordering a(n) ____ operation.
Minimum Wage
The lowest legally allowable pay per hour for workers, set by government policy.
Market Equilibrium
A market state where the supply of goods matches demand, leading to stable prices.
Unskilled Labor
Workers who lack specialized training or qualifications, often performing manual or simple tasks.
Surplus
The amount by which the quantity supplied of a commodity exceeds the quantity demanded at a specific price.
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