Workers at a Bicycle Assembly Plant Currently Make Minimum Wage

question 40

Multiple Choice

Workers at a bicycle assembly plant currently make minimum wage.If the provincial government increases the minimum wage by $1.00 an hour,what will likely happen

• A)Demand for bicycle assembly workers will increase.
• B)Supply of bicycles will shift to the right.
• C)Supply of bicycles will shift to the left.
• D)The firm must increase output to maintain profit levels.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.