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Lilit [14]
3 years ago
8

According to the market theory of wage determination, under what circumstances will wages for a particular group be highest?

Business
2 answers:
Serhud [2]3 years ago
7 0

Answer:

Wages for a particular group will be highest when demand is high, and supply is low

<u>Explanation:</u>

The market theory of wage determination is the hypothesis that payments that are, the cost of work, are resolved like all costs by the organic market. Along these lines, when laborers sell their work, the value they can charge is mostly impacted by Supply the number of laborers accessible and demand number of laborers required.  

 When businesses can not discover enough specialists to address their issues, they will continue raising their pay offers until more laborers are pulled in. When laborers are in wealth, at that point, wages will fall until the surplus work chooses to go somewhere else looking for employment.

Scrat [10]3 years ago
6 0

Answer:

The answer is C

Explanation:

When all things are equal.

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Answer:

How much net income​ (or net​ loss) did Sunny experience for the​ year?

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Explanation:

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Which of the following statements is true? a. A college degree does not influence the earnings of workers. b. The median pay of
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b. The median pay of economics majors increased more in dollar terms than any other majors in 2015.

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Answer:

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In other words, although both suppliers and buyers are price-takers they both influence price and quantity bought and sold,<em> at the aggregate level</em>.

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3 years ago
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