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

question 110

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.Suppose that the quantity of labour demanded decreases by 80,000 at each wage level.What are the new free market equilibrium hourly wage and the new equilibrium quantity of labour?

• A)W = $8.50; Q = 550,000
• B)W = $12.50; Q = 630,000
• C)W = $9.50; Q = 570,000
• D)W = $9.50; Q = 590,000

Describe the functional implications of synaptic drugs, including agonists and antagonists.

Explain the mechanism of action potential initiation and propagation in neurons.

Recognize the structural and functional variations of neuronal networks across different species.

Identify factors that influence the resistance and speed of action potential propagation in axons.

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