1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frutty [35]
3 years ago
15

How many workers would producers be willing to employ at a wage of $40 per hour?

Social Studies
1 answer:
skelet666 [1.2K]3 years ago
8 0

The correct answer is 8.

In the labor market, the demand of labor represents the quantity of workers that producers are willing to hire at different wage levels (prices). Therefore, according to the information in the graph, at a wage level of 40 the producers demand 8 workers.

At the same price level, the supply of labor equals 52. This means that there are 52 workers that are willing to offer their labor skills in exchange for a salary of 40$.

Therefore, in this market there is a excess of demand, there are more people willing to work than the job positions offered by producers, so this labor market situation represents an unemployment situation.

You might be interested in
What five rivers flow eastward, and four flow into the Mississippi river?
NeX [460]
Tallahatchie River, yazoo River, Big Black River, Leaf River, and the chickasawhay River.
6 0
3 years ago
Which economic system do most countries operate under today?
MAVERICK [17]

Most nations operate in the capitalist system of production and consumption.

Since the end of the feudal system, the world underwent transformations that culminated in economic systems based on barter and mercantilism, which in turn allowed for the existence of industrial revolutions and which were the basis for the capitalist system of production as it is today.

In last century, Capitalism and communism competed for world hegemony until the end of the Cold War, when the bipolarized world gave way to what today times capitalist hegemony in most countries with a few countries in communist systems.

5 0
4 years ago
Read 2 more answers
Compare the planets Earth and Neptune. Describe how are they different from each other.
mojhsa [17]

Answer:

Neptune is the eighth and farthest-known Solar planet from the Sun. In the Solar System, it is the fourth-largest planet by diameter, the third-most-massive planet, and the densest giant planet. It is 17 times the mass of Earth, slightly more massive than its near-twin Uranus

Explanation:

5 0
3 years ago
Under current law, who of the following would be required to register as an investment adviser in a state?
sladkih [1.3K]

Answer: A. A person who has directed advice relating to securities to 6 individuals in that state within the past 12 months, even though he has no place of business within the state.

C) A person who limits advisory services exclusively to issuers of securities in that state while maintaining no office therein

D) A person whose home office is in the state and who manages less than $90 million in assets

Explanation:

Investment advisers are the individuals who makes recommendations on investment or helps in conducting security analysis in exchange for a fee.

It should be noted that under current law, the people who will be required to register as an investment adviser in a state must have given investment advise to people in the state within the past 12 months and also have their home office in that particular state.

Based on the information, the correct answers are A, C and D.

3 0
3 years ago
What was their position?
Ad libitum [116K]
Need more info to answer this question
8 0
3 years ago
Other questions:
  • Which role did louis michel aury play in the fight for mexiacan independence.
    9·1 answer
  • What is a large basin that can form at the top of a volcano called?
    9·1 answer
  • Humanistic psychology is a view of personality that emphasizes:
    11·1 answer
  • Which of the following statements about state and local government employment is most accurate?
    15·1 answer
  • Which of the broad areas of I-O psychology interests you the most and why?
    10·1 answer
  • In the _____ method, the titles of the offices appear across the ballot, then the candidates of both parties for each office are
    15·2 answers
  • Give the divisions of deccan plateau. write a note on deccan trap
    10·1 answer
  • bilang nagdadalaga/nagbibinata ano ang mga sumusunod na kilos na dapat kong gawin ngayon bilang pangangalaga sa sarili?​
    14·1 answer
  • Hurry pls 1 min left!
    8·1 answer
  • Ayyy, I need help :p<br><br> Uh, help. I'd appreciate it
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!