Question 30 (0.5 points) Listen Anna runs a sushi restaurant in Truro. Her total revenue last year equaled $111,000. The rent on her restaurant totaled $48,000. Her labour costs totaled $43,000. Her materials, food and other variable costs totaled $19,000. To Anna's accountant, Anna A) had a total cost equal to $91,000. B) earned a profit of $1,000. C) incurred a loss of $111,000. D) earned a profit of $111,000. OE) incurred a loss of $1,000. Question 33 (0.5 points) ◄ Listen If the market equilibrium wage is $13 per hour, and the minimum wage introduced by government raises wages from $12 to $15 per hour, how will this affect in the labour market? O a) Unemployment will increase. Ob) The average wage paid to all workers will increase. O c) The level of employment will increase. Od) Unemployment will decrease. e) There will be no effect on employment.
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