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NEW QUESTION: 1
Suppose the equilibrium wage for low skilled workers in California is $6.00 an hour. If the government
increases the minimum wage to $7.00 an hour, what would be the effect on the market for low skilled
labor?
A. The demand for labor would decrease.
B. The supply of labor would increase.
C. An excess demand for labor would result.
D. An excess supply of labor would result.
Answer: D
Explanation:
Choice "b" is correct. A minimum wage that is set above the equilibrium wage will result in an excess
supply (or surplus) of labor.

Choice "a" is incorrect, since the quantity demanded of labor at $7 is less than the quantity supplied,
implying an excess supply not an excess demand.
Choice "c" is incorrect. An increase in the minimum wage causes a decrease in quantity demanded of
labor, not a decrease in the demand (shift in demand) for labor.
Choice "d" is incorrect, per the above Explanation: .

NEW QUESTION: 2
Based on the success story of the Cherokee County School District, which business challenges were addressed by HP Care Pack Services? (Select three.)
A. Supporting printers based on usage
B. Preventing theft of IT resources
C. Supporting mobile users with no downtime
D. Securing sensitive data
E. Ensuring 100% uptime
F. Ensuring rising levels of student performance
Answer: A,E,F
Explanation:
Reference:http://media.flixcar.com/media/inpage/assetsv2/HP-375354-4AA3-3109ENW.pdf
(See the Page # 01, Page #02 first Paragraph and 2ndLast Paragraph).

NEW QUESTION: 3
An auditor is reviewing the following output from a password-cracking tool:

Which of the following methods did the auditor MOST likely use?
A. Rainbow table
B. Brute force
C. Dictionary
D. Hybrid
Answer: D