"If Its Advocates Are Correct, the Minimum-Wage Bill Passed by the House

Multiple Choice

"If its advocates are correct, the minimum-wage bill passed by the House of Representatives would raise wages for nearly 7 million underpaid workers, but would have no noticeable effect on employment." The quotation implies that the demand for the labor services of the 7 million workers mentioned, with respect to the price of labor services, has elasticity equal to:

A) 2.
B) 5.
C) 1.
D) 0.
E) .5