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DanielleElmas [232]
2 years ago
10

Which statement identifies a reason a federal minimum wage was first established?

Business
1 answer:
denis-greek [22]2 years ago
3 0

The correct statement is : ( B ) Workers needed fair compensation for their labor.

<h3>Reason for the establishment of the federal minimum wage </h3>

The federal minimum wage was established to protect workers by providing fair compensation for their labor and establishing a

standard of living. The federal minimum wage was first introduced to cushion the effect of the post -depression era.

Hence we can conclude that the correct statement is  Workers needed fair compensation for their labor.

Learn more about federal minimum wage : brainly.com/question/14895137

#SPJ1

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Some goods can be produced at low cost only if they are produced in large quantities. this phenomenon is called
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A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. The present value of an annuity fa
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Explanation:

So the company borrowed $40,000 from a bank.

They are to pay 7% interest on the note per year for 6 years.

We are to find the annual payments.

7% represents a constant payment schedule per year so we can use an Annuity formula.

Seeing as the Annuity factor has been calculated for us already we don't need to formula though.

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An incentive compensation scheme includes a. ​a performance evaluation system b. ​a disciplinary action committee c. ​a reward s
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Answer:

The correct answer is letter "D": ​Both A&C.

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