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kirill115 [55]
3 years ago
8

The lowest amount a manufacturer can pay factory workers is an example of

Business
2 answers:
Harrizon [31]3 years ago
7 0

Answer: Price floor

Explanation:

A price floor is the legal minimum price control that is imposed by the government. It is binding when the equilibrium price is below the legal minimum price. At the price floor quantity supplied of a good is greater than its demand.Thus there is a surplus in the market at the price floor.

So, the lowest amount a manufacture can pay its factory workers is an example of a price floor.

Price ceiling is the maximum price that can be paid or charged for a good.

DaniilM [7]3 years ago
7 0
The answer is a price floor
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Answer:

C) formed a valid contract because Rachel's outward expressions showed the formation of a contract.

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A valid contract is a binding and enforceable agreement, where all parties are legally bound to perform the contract.

Probably the most important part of a contract is the existence of an offer and acceptance. Once a valid offer is accepted, it binds the parties into a valid contract.

In this case, Rachel accepted Julius´s offer to buy her boat, so an offer and acceptance exists.

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Calculate Payroll
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Answer:

A.1830

B.$1397.75

Explanation:

A.Gross pay

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Part B

B.Net pay

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Short position (I think you were supposed to add answers)
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