Answer:
Paying higher sometimes cause a dip in supply because they raise the cost of production.
Explanation:
Once the wages are raised, the capital that could have been used to obtain supplies now goes to the wages.
The supply sector dips thereby leading to low production and at last low returns.
Foe instance if wages of workers in a sugar factory are raise, then the supply shall decrease due to the extra capital that shall be spent on the wages.
Answer:
Explanation:
This social contract is an explicit or implicit agreement between members of a society to create rules, practices, or bodies to be governed by. Therefore, government is often the manifestation of the social contract into reality.
Answer:
The first regularly scheduled airmail route connected New York and Washington, D.C., via
Philadelphia, from May 15, 1918, to May 31, 1921. The Post Office Department operated the
218-mile route to demonstrate that mail transportation by airplane was possible on a regular
schedule in all kinds of weather.
