The Figures Given Below Show the Demand (D)and Supply (S)

question 90

Multiple Choice

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-Refer to Figure 16.3. If the wage rates in market A and market B were set at $15, then:

• A)there would be a shortage of workers in both markets.
• B)there would be a surplus of workers in both markets.
• C)there would be a shortage of workers in market A and a surplus of workers in market B.
• D)there would be a shortage of workers in market B and a surplus of workers in market A.
• E)both the markets will be in equilibrium.

---

Definitions:

Meta-Analyses

A research method that combines the results of multiple scientific studies to arrive at a comprehensive conclusion in a specific field of study.

Psychotherapy

A therapeutic interaction or treatment between a trained professional and a client to resolve problematic behaviors, beliefs, feelings, and somatic responses.

Effective

Producing a desired or intended result, often used in the context of treatments or interventions.

Research Reviews

Comprehensive summaries of all the key findings on a specific topic, gathered from various studies.