The Three Diagrams Below Show the Supply and Demand for Teenage

question 65

Multiple Choice

The three diagrams below show the supply and demand for teenage babysitters in one local area.The initial supply curve is S₀ in all cases. FIGURE 14-3
-Refer to Figure 14-3.Suppose all of the teenage babysitters in one local area form an association and set a minimum acceptable wage of $8 per hour.Which diagram illustrates the new supply curve (S_A) for babysitters?

• A)diagram 1
• B)diagram 2
• C)diagram 3
• D)none of the diagrams
• E)any of the diagrams

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Definitions:

Defense Mechanism

Psychological strategies brought into play by the unconscious mind to manipulate, deny, or distort reality in order to defend against feelings of anxiety and unacceptable impulses.

Denial

A defense mechanism in which confrontation with a personal problem or with reality is avoided by denying the existence of the problem or reality.

Thematic Apperception Test (TAT)

A projective test consisting of drawings of ambiguous human situations, which the test taker describes; thought to reveal inner feelings, conflicts, and motives, which are projected onto the test materials.

Diagnostic Tool

An instrument or technique used to identify the nature or cause of a condition, disorder, or disease.