Seikoz517 Seikoz517

02-12-2021
Business

contestada

when a minimum-wage law forces the wage to remain above the equilibrium level, the result is

Respuesta :

Juls209 Juls209

02-12-2021

When a minimum-wage law forces the wage to remain above the level that balances supply and demand, it raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level. ( There is a surplus of labor.)

Answer Link

Otras preguntas

With most people not able to be as active as they were prior to the quarantine...what are we more at risk for? List 3 diseases or injuries we are at risk for

What affect did the overuse of credit have on the economy in the 1920s

Please help me on this question

Read the excerpt from Krushchev’s speech. Stalin acted not through persuasion, explanation, and patient cooperation with people, but by imposing his concepts an

In Los Angeles, the temperature at 3:00 p.m on Aug 16th is 73.9 °F. What is the temperature in °C? °C.

Consumers can sometimes take advantage of certain goods and services without having to pay; this is known as __________. A. spillovers B. productivity C. incent

Find two consecutive even integers such that the square of the first decreased by 11 equals 5 times the second.

Which shapes can the composite figure be decomposed into? Check all that apply.

If LM = 41 – 2x and NP = 7x + 5, find LM.

Quadrilateral HIJK has sides measuring 12 cm, 26 cm, 14 cm, and 30 cm. Which could be the side lengths of a dilation of HIJK with a scale factor of 1.5?