Which of the Following Is Not True Regarding Minimum Wage

question 9

Multiple Choice

Which of the following is not true regarding minimum wage?

• A) Nearly three-fourths of those earning minimum wage or less are in service occupations.
• B) The percent of women and men earning minimum wage is approximately equal.
• C) Minimum wages are more common in retailing than other industries.
• D) The minimum wage directly affects only a small number of people.

---

Definitions:

Conditions Accepted

Terms that have been agreed upon by all parties involved in a transaction or agreement.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total net benefit to society from the production and consumption of goods or services.

Car's Stereo

An audio system installed in an automobile that plays music or broadcasts from various sources, enhancing the driving experience.

Music Fan

An individual who has a strong interest or enthusiasm for music and its various genres, often following artists and attending concerts.