The correct answer to the question above would be more personal income. Supporters of minimum wage say that minimum wage will provide more personal income for the people with low-paying jobs. However, this minimum wage must be aimed to be higher to attain this theory.
They used it to control their government.
Answer: Uncle Burton is a <u>laggard</u> in the diffusion of innovation process for telephones.
Explanation:
Uncle Burton is a laggard because he has refused to adopt the new technologies in the field of communications. Some people prefer to use devices they are used to than new ones even if they have to pay more for them. Maybe they do it because they consider new ones quite difficult to use or they are just focused on traditions. In general, elderly people are in this category.
Answer:
The indifference curve is a locus of various consumption bundle which provide the same utility level to the consumer. The production possibility frontier is a concept that depicts the maximum amount of two products given the limited amount of resources available
Explanation:
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