Figure 28-4 -Refer to Figure 28-4. If 2,000 Workers Are Unemployed, Then

question 331

Multiple Choice

Figure 28-4
-Refer to Figure 28-4. If 2,000 workers are unemployed, then the minimum wage must be

• A) $3.
• B) $4.
• C) $5.
• D) $6.

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Definitions:

Soft Drinks

Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.

Family Branding

A marketing strategy where a company markets multiple products under the same brand name to leverage brand equity.

Brand Name

Part of a brand consisting of words or letters that form a name that identifies and distinguishes an offering from those of competitors.

Brand Preference

The degree of consumer loyalty towards choosing a particular brand over others, based on positive experiences and perceptions.