Table 7-11
​
​ ​
-Refer to Table 7-11

question 145

Multiple Choice

Table 7-11
​
​
$$\begin{array} { | c | c | c | } \hline \begin{array} { c } \text { Price } \\\text { (Dollars per unit) }\end{array} & \begin{array} { c } \text { Quantity Demanded } \\\text { (Units) }\end{array} & \begin{array} { c } \text { Quantity Supplied } \\\text { (Units) }\end{array} \\\hline 12.00 & 0 & 36 \\\hline 10.00 & 3 & 30 \\\hline 8.00 & 6 & 24 \\\hline 6.00 & 9 & 18 \\\hline 4.00 & 12 & 12 \\\hline 2.00 & 15 & 6 \\\hline 0.00 & 18 & 0 \\\hline\end{array}$$ ​
-Refer to Table 7-11. Both the demand curve and the supply curve are straight lines. At equilibrium, total surplus is

• A)$44.
• B)$56.
• C)$72.
• D)$96.

Understand the roles of various governmental departments and agencies in enforcing labor laws and standards.

Understand the strategies and policies companies can implement to prevent and respond to sexual harassment.

Know the requirements for equal employment opportunity and the concept of reasonable accommodation.

Comprehend the concepts of disparate impact, disparate treatment, and how to legally avoid discrimination in hiring and workplace practices.

---

Definitions:

Spread

The difference between two values, such as the bid and ask prices in financial markets, or the range in statistical data.

Market Maker

An entity that buys and sells securities from their own inventory, facilitating trading and liquidity in the market.

Transactions

The act of conducting business or commercial dealings, such as buying, selling, or exchanging goods, services, or financial instruments.

Profits

The surplus remaining after total costs are deducted from total revenue, and an indicator of the financial health and success of a business.