Which of the Following Groups Are Exempt from Both the Minimum

question 57

Multiple Choice

Which of the following groups are exempt from both the minimum wage and overtime provisions of the FLSA.

• A) Employees of seasonal amusment or recreational establishments.
• B) Employees of motion picture theaters.
• C) Farm workers.
• D) All of the above are correct.

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Definitions:

Consumer Surplus

The contrast between what buyers are willing to offer for a good or service and the amount they actually spend.

Willingness to Pay

The maximum amount an individual is prepared to expend on a good or service to acquire it.

Cell Phone

A portable telephone that uses wireless technology to send and receive calls and data.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity of it that consumers are willing to purchase at different prices.