Table 43 Table 43 Shows the Demand and Supply Schedules for the Labour

question 6

Multiple Choice

Table 4.3
$\begin{array}{|c|c|c|}\hline \begin{array}{c}\text { Hourly Wage } \\\text { (dollars) }\end{array} & \begin{array}{c}\text { Quantity of } \\\text { Labour } \\\text { Supplied }\end{array} & \begin{array}{c}\text { Quantity of } \\\text { Labour } \\\text { Demanded }\end{array} \\\hline \$ 7.50 & 530,000 & 650,000 \\\hline 8.50 & 550,000 & 630,000 \\\hline 9.50 & 570,000 & 610,000 \\\hline 10.50 & 590,000 & 590,000 \\\hline 11.50 & 610,000 & 570,000 \\\hline 12.50 & 630,000 & 550,000 \\\hline\end{array}$
Table 4.3 shows the demand and supply schedules for the labour market in the city of Oshawa.
-Refer to Table 4.3.If a minimum wage of $9.50 is mandated there will be a

• A)shortage of 20,000 units of labour.
• B)surplus of 20,000 units of labour.
• C)shortage of 40,000 units of labour.
• D)surplus of 40,000 units of labour.

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Definitions:

Cis-1,2-dimethylcyclopentane

A cyclopentane molecule with two methyl groups attached to adjacent carbon atoms in the same plane.

Trans-1,3-dimethylcyclopentane

A cyclopentane molecule with methyl groups at the 1 and 3 positions, oriented across from each other.

Diastereomers

Stereoisomers that are not mirror images of each other and have different physical properties.

Asymmetric Carbon

A carbon atom bonded to four different groups, creating a center of chirality that can lead to the existence of enantiomers in a molecule.