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aev [14]
3 years ago
13

If the market equilibrium wage for entry-level fast-food workers is $10 an hour, while the minimum wage is $8, what impact does

the minimum wage have in this industry?
Business
1 answer:
WITCHER [35]3 years ago
5 0
<span>market equilibrium wage for entry-level fast-food workers = $10 per hour
</span><span>minimum wage = $8 per hour
</span><span>impact does the minimum wage have in this industry = ?
</span>whatever the minimum wage will be, it will have no effect on this market. <span>The condition when labor </span>market<span> is in </span>equilibrium<span> is when supply equals demand.</span>
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1 year ago
lack of property rights diminish economic growth. diminish economic growth. increases productivity. increases productivity. enco
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11 months ago
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6 0
3 years ago
On January 1, Beckman, Inc., acquires 60 percent of the outstanding stock of Calvin for $54,480. Calvin Co. has one recorded ass
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Explanation:

To calculate noncontrolling interest in subsidiary's income;

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Expenses   $39,250 (29,250 + $6,800 + $3,200)

Net Income $26,300

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