IzzyOfficial IzzyOfficial
  • 20-07-2020
  • History
contestada

What happens to the quantity suppied fo labor when governments establish a minimum wage

Respuesta :

rreichert523
rreichert523 rreichert523
  • 07-05-2022

Answer:

Two things happen when the government imposes a minimum wage: The amount of labor hired in the market decreases. In our example, the number of unskilled workers employed decreases from 1,000 to 800.  while those who have jobs earn a higher wage, there are now some individuals who no longer have jobs.

Explanation:

Answer Link

Otras preguntas

The length of a side of a triangle is 36. A line parallel to that side divides the triangle into two parts of equal area. Find the length of the segment determi
What is the area of the kite?
Solve: 3(x -2) + 6 = 15
Solve for x. x - 10 = -30 x = -40 x = -20 x = 20 x = 40
Compare and contrast the physical descriptions of David and Goliath
Besides chemicals cigarettes contain poison approximately jow many poison can be found in cigarettes
How is this helpful to fish that live in the lake
Review the image. What should be added to the image to best support the claim "Every driver should wear a seat belt”? animation that allows the seat belt to ope
Which of the following best describes Eisenhower’s position on the arms race
How did the conclusion of the Crusades and weakening of the Holy Roman Empire in the 13th century affect the Ottoman Empire? a) The Ottoman Empire’s economy col