Arguments in favour of a minimum wage mostly hang on the idea that firms have a responsibility to ensure that their workers earn enough to live on. If a firm can’t pay its workers enough to live on, then it isn’t a viable business, because it is dependent on wage subsidies. Of course “enough to live on” depends where you live: the cost of living in London is considerably higher than it is in, say, Newcastle, so a minimum wage that would give a reasonable standard of living in Newcastle is starvation level in London. The campaign for a voluntary Living Wage tries to persuade firms to pay above the current UK minimum wage, which is perceived as being below the real cost of living.
Answer:
The lack of orange juice represents scarcity.
Explanation:
This is because scarcity is the lack of product, not the lack of demand. Since there is a limited supply of workers then it is less likely to be produced in large quantities, making it scarce because there is not enough of the product to meet the demand. Furthermore, the grapefruit juice cannot be considered scarce because although there is a low demand, the product's production is not threatened in any way, so there is enough of it to satisfy the demand.
Slavery meant that only whites were popular
Increasing trade between European countries and their colonies contributed to the development of "capitalism," since it became far easier for firms and people to profit from sales.
Answer:
B. Its B Niger river.
Explanation:
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