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

question 100

Multiple Choice

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

-Which of the following is a reason for the wage differential shown in Figure 16.3?

• A)The workers in Market B are more productive than the workers in Market A.
• B)The workers in Market B are unionized whereas the workers in Market A are not.
• C)Market B hires a larger number of skilled workers than Market A.
• D)Market A represents the market for a risky occupation.
• E)Working conditions offered by the firms in Market B are uncongenial.

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Definitions:

Amphetamines

A class of stimulant drugs used to treat ADHD and narcolepsy, which can also be abused for their euphoric effects.

Gamma-Hydroxybutyrate (GHB)

A central nervous system depressant often used recreationally for its euphoric effects, but also recognized for its use in treating narcolepsy and potential misuse as a "date rape" drug.

Liquid Ecstasy

A colloquial term for gamma-hydroxybutyrate (GHB), a central nervous system depressant often used recreationally for its euphoric and sedative effects.

Date-Rape Drug

A substance used to incapacitate someone in order to commit a sexual assault.