The correct answer is the following: "the excess supply of labor due to minimum wage is represented at price level= $18 (min wage), where the amount of workers supplied (45) exceeds the amount demanded (18) in 27 employees".
A minimum wage is a price restriction established by the economic authorities. It does not allow the price in the labor market to fluctuate under a certain limit. When the minimum wage is located above the equilibrium price, it generates an excess supply situation, therefore, there is more people willing to work than employers willing to hire them. The difference is of 27 individuals that will remained unemployed.
Answer: The correct answer is B) Classical Conditioning
Explanation: Classical Conditioning is learning through association.
If someone when flying in an airplane has experienced certain negative stimuli repeatedly then he/she would associate flying with negative responses.
For instance: Flying in an airplane (Neutral stimulus)
Is paired with: Unconditioned Stimulus (Eating spoiled food) which in turn elicits an unconditioned response (Puking, feeling ill).
Then, the neutral stimulus transforms into a Conditionated stimulus which elicits a conditionated response.
That's called Classical Conditioning.
Answer: (D) Revolution
Explanation:
Revolution is the process of fundamental change in the political power and it basically occur due to the political incompetence.
The revolution basically claimed for the right as the population rejects the monopoly of the government.
There are basically three types of revolution which helps in reshaping the economies and the society are as follows:
- Agriculture revolution
- Information revolution
- Industrial revolution
Therefore, Option (D) is correct.
True, because the people in the group expose you to the people that associate with them, who could then introduce you to more of the people they are with, so you end up being exposed to many people.
Answer:
to search for gold in South America
Explanation:
