1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erma4kov [3.2K]
3 years ago
11

SCENARIO 1.1: An economist wants to understand the relationship between minimum wages and the levelof teenage unemployment. The

economist collects data on the values of the minimum wage and the levelsof teenage unemployment over time. The economist concludes that a 1% increase in minimum wagecauses a 0.2% increase in teenage unemployment. From this information he concludes that the minimumwage is harmful to teenagers and should be reduced or eliminated to increase employment amongteenagers.
Business
1 answer:
Harman [31]3 years ago
3 0

Answer : Minimum Wage

Explanation: From the scenario analysis the minimum  wage should be reduced since its increasing the unemployment rate so that lesser wages would make the youth to work more for their salary.

You might be interested in
At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year,
Alex73 [517]

Answer:

E $21,903

Explanation:

Formula:

Net working capital: Current assets - Current liabilities

At the beginning of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 121,306 - 124,509

Net working capital: -3,203

At the end of the year the net working capital was:

Net working capital: Current assets - Current liabilities

Net working capital: 122,418 - 103,718

Net working capital: 18,700

The difference between the beginning and final net working capital was:

Difference: Final NWC - Inicial NWC

Difference: 18,700 - (-3,203)

Difference: 18700 + 3,203

Difference: 21,903

4 0
3 years ago
"Liberty may be endangered by the abuse of liberty, but also by the abuse of power."—James Madison Which of the following statem
Alex73 [517]

Answer:

James Madison is known as the Father of the Constitution, and he worked very hard to limit the powers of the government branches, so that no government branch would be more powerful than the other two. He was a great supporter of the Bill of Rights, which also limited the power of the government towards the citizens of the nation.  

This specific quote refers to the checks and balances system that prevents any of the three branches of the US government; executive, legislative and judicial, from becoming too powerful.

5 0
2 years ago
1.) Ocean City Kite Company manufactures & sells kites for $6.50 each. The variable cost per kite is $3.50 with the current
Brut [27]

Answer:

$270,000

Explanation:

Contribution per kite = $6.50 - $3.50 = $3.00

Break even point = 90,000 kites

Since;

Break even point = Fixed cost / Contribution per kite.

We have:

90,000 = Fixed cost / $3.00

Fixed cost = 90,000 * $3.00 = $270,000

Therefore, Ocean City Kite Company's fixed costs is $270,000.

5 0
2 years ago
Why does life have to be hard?
Misha Larkins [42]

Answer:

Life is hard because life needs to know if you're willing to fight. Willing to be strong when life is 'hard'. The second that you prove yourself with one challenge, another challenge show's up. Don't let life get you down. Be grateful for all you have. Live as if it's your last day. :>

Explanation:

7 0
2 years ago
Read 2 more answers
A subtle form of racial discrimination in housing is "racial steering." racial steering occurs when real estate agents show pros
anzhelika [568]
The table represented below is how the people were divided in the household.

As you can see, the white people have more privileged to stay in the household. And the consistency of having the black people rented are of minimum. This violates the policy because of it's unfair system to the people and the division of the homes.

3 0
3 years ago
Other questions:
  • Heidi comes from an upper-middle-class family, and after high school she went through a period of exploration. She spent some ti
    8·1 answer
  • Which of the following is not true of accounting principles? a.A new accounting principle can be adopted with stockholders' appr
    5·1 answer
  • Terryville Corporation plans to sell 48,000 units of its single product in March. The company has 3,500 units in its March 1 fin
    5·1 answer
  • By satisfying the customer service factor of ________, the distributor will ensure that deliveries of Hope Springs' bottled wate
    13·1 answer
  • A decision at the marginVan is a hard-working college senior. One Thursday, he decides to work nonstop until he has answered 200
    10·1 answer
  • PLEASE ANSWER!!!!!!
    7·1 answer
  • When using the specific identification inventory method, cost of goods sold equals the ______.
    7·1 answer
  • Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year, the business
    6·1 answer
  • How much money did daniel radcliffe make from harry potter
    15·2 answers
  • Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!