Figure 28-7 
-Refer to Figure 28-7.If the minimum wage is equal to $125,what is the quantity of labor supplied,the quantity of labor demanded,and number unemployed?
Definitions:
External Locus Of Control
The belief that one's success or failure is due to external factors beyond their control.
Chance
Chance is the occurrence of events in the absence of any obvious intention or cause.
Fate
A predetermined course of events often considered to be beyond human control or influence.
Internal Locus Of Control
The belief that individuals control their own destiny and outcomes are the result of their own efforts and decisions.
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