Governments apply a Minimum Wage policy on Businesses to ensure the employees working for the businesses do not get exploited and get paid fairly. The trade off here is that with the Minimum Wage law in effect the businesses would face an increase in labor costs, since they gotta pay them more than if there was no Minimum Wage law, and businesses would lose out on some profit due to this increase in labor costs. To reduce these costs businesses might let go of some employees, either by firing them or making them redundant (either way the employee is losing the job) and this increases the Unemployment Rate in the country which the government does not like, as one of the government’s aims is to keep the Unemployment Rate low in their country but with their Minimum Wage law in effect they keep the businesses in check to ensure they don’t exploit their workers but they end up increasing the Unemployment Rate due to Businesses trying to retain (get back) some of their lost profit (that they lost due to the government’s Minimum Wage law).
When there are not many sellers of a item the price of the item goes up because not many people have that item or sell it and the fewer the people that sell that item the more money the people make that have it and it makes it harder to get.
Answer:
When tectonic plates collide can form mountain ranges or large mountains, for example, the Himalayas is formed from the collision of two plates.
On the other hand when there is subduction (an oceanic plate sinks under the continental plate) mountainous systems are also formed, the lower plate melts and generates volcanic eruptions such as those that form some of the Andes mountains in South America.
Finally, deep depressions such as the Great Rift Valley are formed on land where plates are separated.
Explanation:
The correct option is b. science holds that claims that are currently supported may need future revision based on new evidence
The meaning that science searches for truth by approximation is "science holds that claims that are currently supported may need future revision based on new evidence."
<h3>What is science?</h3>
Science is any knowledge-based system that focuses on the physical world as well as its phenomena, requiring unbiased observations and rigorous experimentation.
Some features about science are-
- A science, in general, is the pursuit of information concerning broad facts or the operation of fundamental laws.
- Depending on the area of study, science can be separated into various disciplines.
- The physical sciences, which include astronomy, physics, biochemistry, and Earth sciences, examine the inorganic world.
- Biology and medicine are biological sciences that investigate the organic universe of life and its activities.
- Anthropology and economics are social sciences that investigate the social and cultural elements of human behavior.
To know more about the science, here
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The complete question is-
what does it mean that science searches for truth by approximation
a. science holds that claims must be both valid and sound
b. science holds that claims that are currently supported may need future revision based on new evidence
c. science relies on educated guesses as our only source of knowledge
d. science holds that there isn't just 1 underlying truth to be found; whats true for you may not be true for me
e. all the above
