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
IrinaVladis [17]
1 year ago
7

Discuss at least one advantage and one disadvantage of increasing the minimum wage. consider this action’s impact on the company

.
Business
1 answer:
KIM [24]1 year ago
8 0

A minimum wage can purpose advantage and disadvantage  price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.

Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.

Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.

A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.

Learn more about wage here:-brainly.com/question/26699459

#SPJ4

You might be interested in
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
Vaselesa [24]

Answer:

The correct answer is letter "A": higher employment, higher output, and a higher price level.

Explanation:

Expansionary policy is a macroeconomic concept that focuses on expanding the economy to counteract cyclical downturns. Expansionary policies can be used through monetary policy to expand the money supply or to increase government expending and tax cuts to stimulate the economy. Under this scenario, interest rates are lower and aggregate demand increases. In that case, employment, output, and price level will be higher. Though, the latter is dangerous since it could lead to high inflation.

7 0
3 years ago
Holly files an employment discrimination suit against Industrial Corporation under Title VII of the Civil Rights Act on a dispar
Zinaida [17]

Answer:

D) seniority system

Explanation:

A disparate treatment (or impact) by an employer refers to a claim that an employer is treating an employee differently than others not publicly or directly, but that discrimination produces a negative effect.

Title VII of the Civil Rights Act protects employees from discrimination based on gender, race, color, national origin and religion.

3 0
3 years ago
Why is it false that we learn about gods relationship with the people of Israel in the new testament
podryga [215]
Because the New Testament is about Jesus
8 0
3 years ago
______ are typically a function of the performance of the organization and are less dependent on the perceived performance of th
iragen [17]

Answer:

A. Bonuses

Explanation:

A bonus is a type of compensatory amount given to the employees as a form of appreciation. The performance of the employees are considered and the bonus is provided to them based on their contribution. These are mainly provided on special occasions, especially when a sound revenue is generated in the company. Giving a bonus to the employees helps in building a bond among the employee and the company.

7 0
3 years ago
The manager of Viking Sports finds that the price elasticity of baseball bats is −0.77. He wants to hold a sale to get rid of hi
kow [346]

The price elasticity of baseball bats is −0.77, this indicates that the demand for bats tends to inelasticity. Therefore, if the manager wants to dispose of his inventory, he would advise you not to lower the price because it would cause a decrease in income. He could raise the price and earn more since being an inelastic demand, the quantity demanded would not be modified as much as the price would change.

6 0
3 years ago
Other questions:
  • Craigmont Company's direct materials costs are $4,900,000, its direct labor costs total $8,710,000, and its factory overhead cos
    11·1 answer
  • Mort is employed as brick layer. on the weekends, he also does some landscaping for several businesses and received five forms 1
    11·1 answer
  • Choose the correct price-elasticity label for each pair of goods. Assume this involves demand for the total of all people curren
    8·1 answer
  • When considering interaction between companies and customers online, _______ is the attention that social media attracts while _
    6·1 answer
  • Graphically illustrate (using the WS and PS relations) and explain the effects of an increase in the markup on the equilibrium r
    12·1 answer
  • If steven's account balance is less than -$20.00, but greater than -$21.00 what could stevens account balance be? answer below :
    14·1 answer
  • Tamarisk has the following inventory data:
    9·1 answer
  • An increase in u. S. Interest rates relative to german interest rates would likely ____ the u. S. Demand for euros and ____ the
    9·1 answer
  • Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75
    7·1 answer
  • prepare the journal entry to record double declining balance depreciation expense for the forklify for year 2
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!