Answer:
Suppose a bill is passed to make minimum hourly wage as $7.50, the implications would be that:
-If the minimum wage is set at $10.50, the market will not reach equilibrium.
-In the absence of price controls, a shortage puts upward pressure on wages until they rise to the equilibrium.
Therefore only the two above listed statements would be TRUE.
Well, I believe it to be true. As dirt roads, when they are wet tend to be harder to traverse. It largely depends on the context of the question, however
Answer:
D
Explanation:
He becomes stressed because he doesn't have enough money to move at all, doesn't matter if he moves out of state, out of country etc.
The correct answer is C) the fact that people sometimes base perceptions of quality on price (snob effect).
A well-known women's college whose tuition lagged below similar schools found recruiting difficult and enrollment falling. A substantial tuition increase was implemented, and dormitories were soon full again. This can be explained by the fact that people sometimes base perceptions of quality on price (snob effect).
In microeconomics, in the snob effect, the demand for some goods that are considered expensive are more demanded. If people that have the money to spend of something assumes that the price of the product is cheap, these people think that the product has low quality. But if the same product is expensive, they consider that the product has quality and is well worth it. That is why, in the case of the college, when the price of tuition increased, people started to trust again in the school and the dorms were full.
Thank you for the question SecretStupid!
For this your answer would be Hinduism.Hinduism is a major religious and cultural tradition of South Asia. Hinduism is hard to trace and only has one true god that is formless, limitless, allinclusive, and eternal.
Final Answer:
<em>Hinduism</em>