1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Programs designed to help only those with low incomes are called
enyata [817]

Answer: Public assistance programs

Explanation: Public assistance programs also known as government welfare programs are designed to help the poor whose income falls below a certain level. These programs are designed to help these poor individuals to meet their basic requirements of life. The primary focus of these programs is to provide assistance to the children, disabled or the aged who are not responsible for their own poverty. People who are able to work are not eligible for these programs.

7 0
3 years ago
If a production process creates positive​ externalities, a competitive market produces too few positive externalities because th
IceJOKER [234]

Answer:

The correct answer is option B.

Explanation:

When there is a positive externality the social benefit to consumers will be higher than the private benefit. Positive externalities mean that the benefit of production will be earned by some third party. The firms will not be compensated for these externalities. This will lead to market failure. So, a competitive firm will produce too few positive externalities unless the firms are compensated.  

4 0
3 years ago
_______ is defined in marketing terms as the basic problem-solving benefits consumers are seeking.
omeli [17]
The term that is being referred to the description is CORE CUSTOMER VALUE. The core customer value is a marketing term that describes the fundamental benefits of problem solving that consumers are looking for. The customer value are classified into two and these are the perceived and the desired value.
7 0
3 years ago
Assuming that the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 2
sdas [7]

The reserve requirement when the federal reserve banks sell $40 million in government securities to commercial banks is $8 million.

<h3>How to calculate the reserve requirement?</h3>

From the information given, the the federal reserve banks sell $40 million in government securities to commercial banks and the reserve ratio is 20 percent.

Therefore, the reserve requirement will be:

= 20% × $40 million

= $8 million.

Learn more about reserve requirements on:

brainly.com/question/25812353

#SPJ1

8 0
1 year ago
Suppose People's bank offers to lend you $10,000 for 1 year on a loan contract that calls for you to make interest payments of $
vodka [1.7K]

Answer:

10.38%

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 + nominal interest rate ÷ periods)^ number of period - 1

The nominal interest rate is shown below:

= $250 × 4 ÷ $10,000

= $1,000 ÷ $10,000

= 0.1

Now the effective annual rate is

= (1 + 0.1 ÷ 4)^4 - 1

= (1 + 0.025)^4 - 1

= 1.025^4 - 1

= 10.38%

Since the interest rate is measured on a quarterly basis, we know there are four quarters in a year and we do the same in the calculation part.

This is the answer but the same is not provided in the given options

4 0
3 years ago
Other questions:
  • Metro Company trades its used machine for a new model at Denver Solutions Inc.
    11·1 answer
  • If you detect a free rider on your team, the best way to remedy the situation is to: question 2 options: stop carpooling with me
    10·1 answer
  • The General Fund reported a beginning balance of inventory of materials and supplies of $122,000. The ending balance was $150,00
    7·1 answer
  • Sam has taxable income of $350,000 dollars. Sam's nephew Adam has taxable income of $3,500. What federal income tax rate applies
    12·1 answer
  • What type of integration best describes the type of organization bp is?
    9·1 answer
  • Last year, Mountain Top, Inc., purchased a coal mine at a cost of $900,000. The salvage value has been estimated at $100,000. Th
    14·1 answer
  • Tina enrolls in additional training for her personal development. Which quality is she demonstrating? Tina is demonstrating ____
    12·2 answers
  • You’ve decided the industry is mature. That means it has reached a point of market saturation. As a new player, you’ll need to t
    15·1 answer
  • 17. Which of the following is an example of sources of funds?
    14·1 answer
  • The measure of a​ company's ability to collect cash from its customers who purchase on account is the A. accounts payable turnov
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!