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olganol [36]
3 years ago
14

Under what elasticity conditions would the following be true? "Increasing the minimum wage will result in a decrease in employme

nt for workers who now earn less than the new minimum wage."
Business
1 answer:
nydimaria [60]3 years ago
5 0

Answer:

The elasticity of labor is elastic (low elastic).

Explanation:

The given situation or condition, the rise in minimum wage will lead to decrease the employment for the person who earns lower than new minimum wage shows that the labor demand is elastic or elasticity for the labor is low because the increase in the minimum wage lead discourages to the producer to hire unskilled labor. Therefore, employment will decrease with an increase in the minimum wage.

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natulia [17]

Answer:

The total surplus will fall because there will be a shortage of apartments

Explanation:

6 0
3 years ago
A taxpayer places a $50,000 5-year recovery period asset in service in 2019. This is the only asset placed in service in 2019. A
Evgesh-ka [11]

<u>Answer:</u>$50000

<u>Explanation:</u>

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Half year convention means that the assets have been used for the first half of the year and the rest of the depreciation amount will be deductible at the end of the year. So the entire useful value of the asset is taken for the amount of cost of recovery in the year 2019.

4 0
4 years ago
The name of a key is based on the name of the corresponding .
Nata [24]
Vas happenin!!

Scale is for to find your note or key

Clef is the beginning of the notes

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Signature is your own voice

I would go with scale


Hope this helps

-Zayn Malik
5 0
2 years ago
Give one example of the inappropriate application of ethical principles. State the possible consequence.
yanalaym [24]
Misusing company time.
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Lying to employees.
Violating company internet policies.
4 0
3 years ago
The first thing you should do before calling a meeting is
Alik [6]
The first thing you should do before calling a meeting is

e. decide what you want to achieve.
3 0
3 years ago
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