The number of employees hired with a minimum wage is<u> lower</u> than it would have been at equilibrium.
A minimum wage operates as a price floor which is established above the equilibrium in the labor market to ensure that salaries do not fall below a certain level. If the minimum wage was not fixed, market forces would tend towards the equilibrum.
As the graph shows, when a minimum price is set above the equilibrium this generates an excess supply situation. The supply of labor is constituted by people who are willing to sell their work abilities in exchange for different wage levels. Therefore, if there is an excess supply situation, there will be workers who would be willing to work for the minimum wage but labor demand is not large enough at that same level. Therefore, a minimum wage brings unemployment .
I am Working on Government then I shall be graduating High school this month ^^
Answer:
b. they were ruled by emperors
The Aztec and Inca had a common structure in that they were both ruled by emperors.
Geographer is a scientist who studies the earth, land features and population. They gather information using maps, data analysis, photographs. They also conduct interviews and surveys. The tools that they use are Geographic Information System (GIS), Remote Sensing and GPS. Geography means the study of physical features.
Historians are the one who researched about the past. There are two types of resources, the primary and secondary sour. They use written records or photographs. Journal and testimonies are extremely important to the historian. Archeological resources are also helpful, the example of this is the study of Charles Darwin who uses fossils to the Theory of Evolution.
