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kow [346]
4 years ago
8

Minimum wages create unemployment in markets where they create a

Business
1 answer:
Bogdan [553]4 years ago
8 0

Answer:

a binding price floor which results in an excess supply of labor and a decrease in the quantity demanded.

Explanation:

When a minimum wage is set below the equilibrium wage, then it will have absolutely no effect in the labor market. But when it is set above the equilibrium wage, it will cause an excess supply of labor and a decrease in the quantity demanded of labor resulting in a deadweight loss or a loss of total economic efficiency. This means that more people will want to work but less employers will hire workers.

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Drag the tiles to the boxes to form correct pairs.
Mumz [18]

Answer: cost, labor, input, infrastructure

             

Explanation:this did the test on edmentum

6 0
3 years ago
Read 2 more answers
Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the ma
oksano4ka [1.4K]

Barriers to trade reduce the amount of output that can be supplied by foreign companies and, as a result, cause prices in the market to be higher than they would otherwise be. This results in consumers buying less

<h3>What are barriers to trade?</h3>

Barriers to trade refers as certain hurdles which restrict an individual or organisation to practice trade activity effectively. These barriers can be regulatory barriers, physical barriers and so on.

These trade barriers are launched to support small-scale business and introducing jobs in the industries to prevent unemployment.

These trade barriers results in high prices in the market due to reduce amount output supplied by foreign companies. This will result in less buying behaviour by consumer.

Learn more about barriers to trade, here:

brainly.com/question/19109348

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7 0
2 years ago
A paint store owner has a home garage sale. An individual purchases a television at the sale. The individual is told the televis
Svet_ta [14]

Answer:No, the buyer will not prevail in the breach of warranty claim.

Explanation:

There was no express warranty assurance in the contract.

It can also be implied that the buyer knew there is the possibility of qualities issues with the Television since he was informed of it's age and he did not raise a query on the quality.

Consequently the buyer cannot sue for a breach of warranty.

5 0
4 years ago
What type of a seating arrangement is suitable in case a meeting requires intense interaction
ankoles [38]

I believe the answer you are looking for is open seating arrangement - nobody has assigned seats and people can move around freely to interact with whoever they like. This improves collaboration and communication among the people in the meeting.

4 0
3 years ago
Garnishment cannot exceed what percent of the weekly take-home pay?
Tcecarenko [31]

Answer:

25%

Explanation:

the weekly amount may not exceed the lesser of two figures: 25% of the employee's disposable earnings, or the amount by which an employee's disposable earnings are greater than 30 times the federal minimum wage

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