Answer:
The correct answer is under-employment.
Explanation:
Under-employment is when a resource is not fully utilized, such as when your Economics professor has to sweep the streets as a primary job.
Unemployment mean no job at all. It is situation in which workers are jobless, either because of no availability of jobs or because wokers are not accepting jobs at the going low wage rate. However, under-employment is a situation in which workers get part time jobs or jobs requiring lower education, training and skills than they have. It is quite common in under developed countries.
Answer:
The answer is B.
Explanation:
The law of supply states that the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
Labor is resource in factor market. Factor market is a market where factor of production like capital, labor, land etc are sold and bought.
With an increase in minimum wage, many people will be willing to work. This means there is an increase in supply of labor which will lead to rightward shift in the supply of labor.
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Answer:
C. Electrologist
Explanation:
They are the ones who study waxing, lazar, and threading.