Usually, a minimum wage that is set below a market's equilibrium wage will result in an excess demand for labor, which is, a shortage of workers.
<h3>What is a
market's equilibrium wage?</h3>
The equilibrium market wage refers to an intersection of the supply and demand for labor wage.
The minimum wage means the ceiling wage that must be paid to the labor.
Hence, when a minimum wage is set below a market's equilibrium wage, it will result in an excess demand for labor, which is, a shortage of workers.
Therefore, the Option B is correct
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Answer:
<em>OPTION(C) is correct</em>
Explanation:
According to UCC, the product should be delivered to <em>refined's place of business.</em>
Because as we know that UCC makes written contract by the will of both the sides who are making deal to prevent fraud. <em>But, as we know that during the deal the place of delivery is not been fixed </em><em>to prevent fraud, </em><em>the delivery of the product should take place at refined's place of business.</em>
The following statement "the present value of a cash flow will never be greater than the future dollar amount of the cash flow" is true.
Cash flow is the net balance of money coming into and going out of a firm at a certain moment in time. A firm continuously has cash coming in and going out. For instance, money leaves the company and goes to its suppliers when a retailer buys inventory.
The expenses made as part of daily operations are included in the cash flow from operations. These cash outflows include things like rent, utilities, wages, and the cost of products sold. When a corporation operates heavily on the seasonal cycle, cash outflows might vary greatly.
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Answer:
personal care service workers because they know what they are doing and are good
