Which of the Following Is an Effect of a Minimum

question 284

Multiple Choice

Which of the following is an effect of a minimum wage law that establishes a ceiling wage below the current market clearing wage?

• A)Surplus labor, or unemployment
• B)A decrease in the market clearing wage
• C)A decrease in the quantity of labor supplied
• D)An increase in the quantity of labor supplied

---

Definitions:

Base Pairs

The pairs of nucleotides (adenine with thymine, and cytosine with guanine) that make up the DNA ladder structure, fundamental for DNA replication and transcription.

Cognitive Deficits

Impairments in intellectual functions such as thinking, reasoning, memory, learning, or problem-solving.

Genetic Condition

A disease or disorder that is inherited genetically.

Intellectual Disability

A disability characterized by significant limitations both in intellectual functioning and in adaptive behavior, affecting everyday social and practical skills.