The market price<span> is the current </span>price<span> at which an asset or </span>service<span> can be bought or sold. Economic theory contends that the </span>market price<span> converges at a point where the forces of supply and demand meet.
</span>
Hi.... what subject is this or rather topic? I want to help out
Answer:
The federal government sets a standard minimum wage that applies to all employees.
Minimum wage rates are determined by factors such as poverty threshold, prevailing wage rates and socio-economic indicators.
