My HTML is below. I need to get the selected value (Scheduled) using the <select> tag. How can this be done using jQuery?

<select id="availability" style="display: none;">
  <option value="Available">Available</option>
  <option selected="selected" value="Scheduled">Scheduled</option>
  <option value="Unavailable">Unavailable</option>
</select>

I did a jQuery("#availability") to get the select tag, but I do not know how to get the selected options' value.

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