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
mamaluj [8]
3 years ago
7

At the beginning of 1994, Congress enacted a 10% increase in the federal minimum wage. At that time, Charlesville Hotdog and Bee

f Company employed 4,000 employees, with over 90 percent of the workforce making minimum wage. Despite the fact that the increase in minimum wage increased the operating expenses of Charlesville Co., the company reported record profits at the end of 1994.
Which of the following, if true, most helps to resolve the apparent paradox?


A. Charlesville Co. spends more money procuring cows for their Hotdog and Beef products than they do paying their 4,000 workers.

B. Charlesville Co. also saw an increase in expenses other than its wages in 1994.

C. Before 1994, the company had considered giving its employees a 10% raise, but ultimately decided not to do so.

D. The company's customer base is made up primarily of families that rely on minimum wage incomes.

E. The majority of the company's 4,000 employees work in the company's meat-packing facilities.
History
1 answer:
Reika [66]3 years ago
8 0

Answer:

The answer is D. The company's customer base is made up primarily of families that rely on minimum wage incomes.

Explanation:

The increase in minimum wage increased the operating expenses of Charlesville Co. but the company reported record profits at the end of 1994. Hence, the company's recorded revenue at the end of 1994 must have increased. Among the choices, only D gives an indication for the revenue growth. If true, because the company's customer base got a higher income though a increase in minimum wage, they spent more money on Charlesville Co.'s products.

You might be interested in
After the Boston Massacre, the colonies organized
Nata [24]
After the Boston Massacre, the colonies organized militias to help protect their families from the British

hope this helps
4 0
3 years ago
What triggered the Great Depression?
Dafna11 [192]
The stock market crashed which led to bank failures, works laid off, and a drought that lasted throughout the 1930s
7 0
3 years ago
What aspects of Greek democracy do we see in our democracy today?
Tatiana [17]

Answer:

Greek Influence on U.S. Democracy One important tenet of this system is democracy, in which the ultimate power rests with the people. In the case of the United States, that power is exercised indirectly, through elected representatives.

6 0
3 years ago
Pleeeeease!!!
Kisachek [45]
<span>Automobiles became sources of social status depending on which vehicle you had. The automobile erased the railroad as prefrerred method of travel and the automobile became a staple of the American family a certain iconic representation such as the white picket fence

theres one ill try to find a couple more</span>
7 0
3 years ago
Read 2 more answers
What was the purpose of the moral diplomacy
Alla [95]
Moral Diplomacy is the system in which support is given only to countries whose moral beliefs are analogous to that of the nation. A major idea behind moral diplomacy was to force countries to pursue democracies.

Hope this helps! :)
8 0
3 years ago
Other questions:
  • why did large, well-established empires like the russian and the ottoman empires struggle with the forces of modernity, while a
    10·1 answer
  • a similarity between the ratification process in article vii and the amendments process in article v is that both involve
    10·2 answers
  • The Korean War was a result of: A. North and South Korea taking different sides in the Cold War B. The United States conflict wi
    6·1 answer
  • During world war ll which battle was the first significant us victory in the pacific
    13·2 answers
  • How was Christopher Columbus able to afford his voyages?
    13·1 answer
  • Why did James I quarrel with Parliament?
    14·1 answer
  • In the 1940s, Mexican-Americans in the state of __________ led a successful legal battle to end school segregation in one city a
    15·2 answers
  • True or False?  Washington believes the government is a critical element in maintaining American freedom​
    13·2 answers
  • Which act did the policy listed above have on the election of 1800
    13·1 answer
  • !<br> Why was<br> Rome able to<br> rise so<br> Successfully?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!