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

Processing Questions 1. How do you feel while doing the activity?
What is the equation of the line that passes through the point (5, -6) and has a slope of -3/5?
Describe the geographical condition of Nepal​
What is the number before the decimal point called?.
What do you predict Howard Zinn was going to say about the untied states entering WW1
What do you think about people who dislike others who are different from them Story- flowers for algernon
What type of figurative language is this from Romeo and Juliet?.
explain how matter cycles through non living and living things in a aquaponics system. Give at least one example.
Personification is giving human traits to non-human things. Example: The star I wished upon winked at me. What is the meaning of the example?
A recipe for fruit salad includes 1/3 cup of grapes for 4 servings how many cups of grapes are needed for 30 servings of this fruit salad?