-The Above Figure Shows the Market for Biologists

question 34

Multiple Choice

-The above figure shows the market for biologists.The government decides to set a minimum wage for biologists of $18 per hour.After this minimum wage is in effect,and taking account of the resources lost in job search,workers' surplus equals ________.

• A) $800
• B) $900
• C) $400
• D) $1,800
• E) $200

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Definitions:

Congruency

The state or quality of agreeing, being compatible or consistent.

Biased Sample

A nonrepresentative sample.

Representative Sample

A small group representing a larger group in terms of age, sex, ethnicity, socioeconomic status, orientation, for example.

Multistage Sample

A sampling method involving multiple phases of selection, often used in large-scale surveys to efficiently gather data.