The new ordinance will make a difference when the new wages will be binding.
<h3>How to depict the information?</h3>
It should be noted that the supply curve shows the relationship between the price and the quantity supplied.
Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.
On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.
Therefore, joining the lowest of the two points will give the equilibrium.
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<span>When current real output exceeds potential real output, the federal reserve will increase interest rates in an effort to fight inflation.
Fed stands for federal reserve system and it refers to the </span>central banking system of the United States, which was created on December 23, 1913.<span> There are twelve regional banks that are included in the Federal Reserve System.</span>
A local business that doesn't seem to be thriving should analyze its planning to identify marketing strategies to create value and attract customers.
<h3 /><h3>How to develop an effective marketing strategy?</h3>
It is necessary that there is an analysis of the micro and macro environment in which the company is inserted, identifying the needs and desires of consumers, the company's competitive strengths and differentials, to generate value and positioning in the market.
Therefore, it is essential that the company uses the marketing mix and other tools such as SWOT analysis to assist in the strategic direction that will lead it to be successful.
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This is incorrect. The United States has 7 Articles and 27 Amendments, the first 10 being the Bill of Rights.
I hope this helps!
