Fiona's Hourly Wage Decreases from $10 to $8

question 419

Multiple Choice

Fiona's hourly wage decreases from $10 to $8. Which of the following describes a consequence of the decrease in Fiona's wage?

• A)The opportunity cost of Fiona's leisure time has decreased.
• B)Fiona may choose to work more hours due to the decrease in her wage.
• C)Fiona may choose to work fewer hours due to the decrease in her wage.
• D)All of the above are correct.

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Definitions:

Smooth Muscle

Involuntary, non-striated muscle found in the walls of internal organs such as the stomach, intestines, and blood vessels.

Hyaline Cartilage

Gelatinous, glossy cartilage tissue consisting of cartilage cells and their matrix; contains collagen, proteoglycans, and water.

Elastic Cartilage

A type of flexible cartilage that contains elastic fibers, enabling structures like the ear and epiglottis to return to their original shape after being bent or stretched.

Alveolar Ventilation

The exchange of air between the lungs and the environment, specifically involving the alveoli, which are essential for oxygen exchange and carbon dioxide removal.