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
Llana [10]
3 years ago
14

How are wages determined in the labour market

Social Studies
2 answers:
Artist 52 [7]3 years ago
6 0

Answer:

According to most economics textbooks, our wages are determined just like any other price: by supply and demand. People supply their labor, and companies demand it, creating a market for labor.

Explanation:

Yuki888 [10]3 years ago
4 0

Answer:

In a competitive labor market, the equilibrium wage and employment level are determined where the market demand for labor equals the market supply of labor. Like all equilibrium prices, the market wage rate is determined through the interaction of supply and demand in the labor market.

Explanation:

You might be interested in
How do the physical characteristics of a country tend to affect its population distribution?
netineya [11]
Send a picture i need to see
7 0
3 years ago
Why did Shi Huangdi tear down the walls of Chinese kingdoms
Delvig [45]

Shi Huangdi was a cruel leader. And he wanted to build China to be the greatest empire.

or

He wanted to ensure the nobles could not defend against him.

8 0
4 years ago
Read 2 more answers
What were the ancient Greeks' most important economic activities?
Len [333]
The Greeks had a diverse economy which mostly included trading within the city states of Greece itself - so the different city states (e.g. Sparta, Athens ...) traded between each other to supply each other with the resources the other did not have. Furthermore and more importantly, Greeks were a sea-faring nation and therefore traded by ships with others nations as well. Their maritime trading was something that was defining for them, as they had heavily relied on it. 
3 0
3 years ago
Who tended to support the Federalists? Who tended to support the Republicans? Why?
Zielflug [23.3K]
The people who commonly supported federalists include factory workers, merchants, and property owners. This is because they sold things, and federalists helped with the market. Those who supported the republicans were northern farmers, southern planters and artisans. This is because they produced things and republicans supported the production of goods.  
6 0
4 years ago
What geographic feature allowed China to protect its borders from invasions by the Mongols
Nikitich [7]

Answer:The great wall

Explanation:the great wall wasn't like one wall it was multiple walls built by different dynasties to protect china from the invasion of Mongolians

6 0
3 years ago
Other questions:
  • __________ have a weakness of being difficult to follow when multiple paths exist, but __________ are more helpful in the hands-
    7·1 answer
  • Socioeconomic status and _____ are the two most important social influences
    6·1 answer
  • Popularly called ________ and rooted in the behavioral sciences, the science of human relations was developed in the late 1940s.
    7·2 answers
  • Imagine a bill is referred to the House Committee on Agriculture, the standing committee for agricultural issues. Choose all of
    11·1 answer
  • Hello i need help in this questions who can help me ?? please ​
    15·1 answer
  • Compare the pharaohs of ancient Egypt to our modern-day presidents. List at least three ways they are similar.
    7·2 answers
  • The two different types of budgetary expenses in the federal budget are __________.
    14·2 answers
  • Putting on a happy face makes us feel happier this demonstrates the_____ ____ effect
    13·1 answer
  • Describe the historical background of Nepalese painting in brief​
    5·1 answer
  • Why did Zeus want the fire all to himself?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!