The graph shows the labor market for teenagers in Atlanta. If the government sets a minimum wage of $6 an hour, the number of teenagers employed is ________
A) 7,000
B) 5,000
C) 4,000
D) 3,000
E) less than 3,000
D
Economics
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Direct finance includes the sale by a corporation of stocks or bonds, but does not include borrowing money from a bank
Indicate whether the statement is true or false
Economics
A new toll road was built in Southern California between San Juan Capistrano and Costa Mesa. On average, drivers save 10 minutes taking this road as opposed to the old road. The toll is $2; the fine for not paying the toll is $76
The probability of catching and fining someone who does not pay the toll is 90%. Individuals who take the road and pay the toll must therefore value 10 minutes at a minimum A) between $1.80 and $68.40. B) between $2 and $68.40. C) $1.80. D) between $1.80 and $76. E) more than $76.
Economics