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Jlenok [28]
3 years ago
10

The government of a country increased the minimum wage from $21 to $30. A factory owner had to lay off some of his workers becau

se he could not afford to pay all of them. How many people lost their jobs?
Business
2 answers:
eimsori [14]3 years ago
4 0

Answer:

Explanation:

According to your question you need to know how many workers the company has and how much budget they have to keep the employees, the only thing that is done is that the total budget is divided by 30 and the result will be the number of employees that can be keep in the company

Debora [2.8K]3 years ago
3 0
8 people would lose their jobs.
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Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.

In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.

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