-The Figure Above Shows the Demand for and Supply of Labor

question 86

Multiple Choice

-The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $8 per hour, how many hours of students' labor are unemployed?

• A) 12,000 hours
• B) 9,000 hours
• C) 6,000 hours
• D) 0 hours

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Definitions:

Dendrites

The branching projections of a neuron that act to conduct the electrochemical stimulation received from other neural cells to the cell body, or soma, of the neuron from which the dendrites project.

Reserve Capacity

The extra amount of functional capability that an organism or system can draw upon when needed.

Homeostasis

The biological process by which living organisms maintain a stable internal environment despite changes in the external environment.

Senescence

The biological process of aging, characterized by the gradual decline in physiological functions and increased vulnerability to diseases.