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 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

the cost of a ticket to the circus if $23 for children and $48 for adults. on a certain day at the circus the attendance was 1,100 and the total gate revenue wa
look at the image below
Suppose a triangle has two sides of length 32 and 35, and that the angle between these two sides is 120°. Which equation should you solve to find the length of
How many gallons of a 42% salt solution do we need to mix with 98 gallons of a 20% salt solution so that the resulting mixture is a 28% salt solution ?
(a) A square has a perimeter of 56cm. What is the length of each side? (b) A square has an area of 62cm. What is the length of each side?
Which affirmative word best completes the conversation? Carlos: Hola, Laura, dime ____ sobre los gauchos de Argentina. Laura: Bueno, ché, te cuento lo que sé. O
Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
I’m getting hungry. I _______ something soon.
the surface area of a prism
briefly discuss the fishbowl approach in the classroom​