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​Figure 52

question 3

Multiple Choice

​Figure 5.2. The figure shows the supply and demand curves of a firm. ​Figure 5.2. The figure shows the supply and demand curves of a firm.   -Which of the following is a possible outcome of a minimum wage imposed by a government?​ A) ​It leads to an increase in consumer surplus. B) ​It favors women and children and helps improve their standard of living. C) ​It eradicates the problem of unemployment from the market. D) ​It creates a labor surplus or unemployment. E) ​It creates a labor deficit.
-Which of the following is a possible outcome of a minimum wage imposed by a government?​


Definitions:

Genetic Predisposition

Refers to the increased likelihood of developing a particular disease based on a person's genetic makeup.

Prions

Infectious, misfolded proteins that can cause a variety of neurodegenerative diseases by inducing normal proteins in the brain to also misfold.

Vitamin B Deficiency

A shortfall of B vitamins in the diet, leading to various health issues such as anemia, fatigue, and neurological impairments.

Amphetamine

Synthetic compound that increases the neurotransmitter dopamine in the synaptic cleft by reversing the dopamine transporter.

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