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Ilya [14]
3 years ago
10

A minimum wage increases unemployment by

Business
1 answer:
allochka39001 [22]3 years ago
5 0

Answer:

A. decreasing the quantity of labor demanded. The minimum wage is an imposition to labor market that does not affect supply and demand functions (options b to e discarded).

Explanation:

This imposition set a minimum level of wage not related to market price formation mechanism. When equilibrium wage is below of minimum wage salary, the unemployment appears as a consequence (because at minimum wage level the supply of labor surpasses the demand).

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3 years ago
What is technical profession?Give examples.​
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Answer:

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6 0
2 years ago
Which of the following questions must be asked about the use of resources
amid [387]

Answer:

B. What is the most effective allocation?

Explanation:

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7 0
3 years ago
g- Tom and John are excited to purchase a new house. Based on where they live they can find a good house for $800,000. They need
Aleksandr [31]

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3 0
2 years ago
ILL GIVE BRAINLIEST!! HELP ASAP!!
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