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andrew11 [14]
3 years ago
5

In a particular labor market, the demand for labor is given by W = 20 – (1 / 100)L, and the supply of labor is given by W = 4 +

(1 / 100)L, where W is the wage rate, and L is the number of workers. Suppose that the government decides to impose a minimum wage of $15. The wage will:
Business
1 answer:
djverab [1.8K]3 years ago
3 0
The wage will create surplus of workers since it is above the equilibrium wage.
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C-chart is the best suited for this since it is widely used to determine if the defects or returns are within the control limits or not.

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3 years ago
Q 7.1: a _____ would be properly classified as cash.
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A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account. 
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Given the situation described above, Alma will be able to cast <u>50 votes</u>.

This is because common stock gives voting rights to shareholders. And given that Alma has 50 shares of common stocks. Therefore, he would be able to cast 50 votes.

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Learn more here: brainly.com/question/3518273

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