Use the Table Below to Answer the Following Questions

question 40

Multiple Choice

Use the table below to answer the following questions.
Table 6.2.1

-Table 6.2.1 gives the supply and demand schedules for teenage labour in Genoa City. There is a minimum wage set at $6 per hour. Suppose a new fast food restaurant opens and increases the quantity demanded of teenage labour by 400 hours per week at each wage rate. The result is

• A)elimination of teenage unemployment and a wage rate of $7 per hour.
• B)elimination of teenage unemployment, but the wage rate remains at $6 per hour.
• C)some teenage unemployment with the wage rate remaining at $6 per hour.
• D)no change in teenage unemployment because the wage rate rises to $7 per hour.
• E)none of the above

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Definitions:

Ossicles

A set of three small bones located in the middle ear, involved in transmitting sound waves to the inner ear.

Cochlea

A spiral-shaped, fluid-filled inner ear structure that is essential for hearing as it converts sound waves into nerve impulses.

Basilar Membranes

A key structural element within the cochlea of the inner ear, it plays a crucial role in the mechanical to neural transduction of sound.

Frequency Theory

A theory in the field of psychology, explaining how the rate of nerve impulses traveling up the auditory nerve matches the frequency of a tone, allowing us to sense its pitch.