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Vesna [10]
2 years ago
15

The equilibrium wage for low-skilled workers is a government-imposed minimum wage, the ____ will be the resulting surplus of low

-skilled labor.
Business
1 answer:
melomori [17]2 years ago
4 0

Answer:

Greater

Explanation:

The equilibrium wage rate can be regarded the rate that balance

demand and supply, in the market. However quantity of employed labor as well as competitive wage rate of market can be known through the balance between supply and the demand of products. It should be noted that The equilibrium wage for low-skilled workers is a government-imposed minimum wage, the greater will be the resulting surplus of low-skilled labor.

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Masteriza [31]

Answer:

I would say B, this career is unlikley to be a good fit for you.

Explanation:

It's common for your charateristicts to be different than those of the people in the job, but you must first always make sure that this is job is going to be ideal for you.

hope this helps!

4 0
2 years ago
Which structure would you be most likely to choose if your company wanted to give its sales people a predictable paycheck and al
tangare [24]
<span>The pay structure that would be used in this model is salary plus commission. Commission is a percentage of total sales so the more sales are made by an employee the more they make. The salary also gives them a regular amount of pay when things don't go well for the month, but the commission pushes them to continue to do their best.</span>
7 0
2 years ago
Read 2 more answers
A friend asks you what sort of interest-simple or compound- is better. What would your answer be, and why?
Bas_tet [7]

Answer:

Compound interest is better than simple interest

Explanation:

Compound interest is better than simple interest especially when it comes to investing. Funds grow at a faster rate in compound interest than simple interest.

Simple interest is the interest on only the principal while compound interest is the interest on principal and on the previous accumulated interest (that is, interest on interest).

The formula for simple interest is:

P x r x t

Where P is the principal

r is the interest rate

t in the time.

For compound interest:

A=P(1+r/n)^nt.

A is the amount after compounding.

P is the principal.

r is the interest rate

n is the number of times interest compounds(adds up) per year

t is the number of years.

3 0
2 years ago
The monopoly demand curve is _____________, while the perfectly competitive firm’s demand curve is _______________. This is beca
Amiraneli [1.4K]

Answer:

Downward sloping; horizontal line; demand; large number of competitors

Explanation:

A monopoly is a market structure where there is only a single firm in the market. This firm is a price maker. It can charge whatever price it wants, but the consumers will demand more at a lower price.  

That is why the demand curve of a monopoly is downward sloping and the same as the market demand curve.  

A perfectly competitive market refers to the market structure where there is a large number of buyers and sellers. These firms are price takers. They face a horizontal line demand curve. This is because of a large number of competitors producing homogenous products. So if a firm raises its prices the consumers will move to the firm at a lower price.  

The market demand curve though is downward sloping.

8 0
3 years ago
What type of interest will earn you the most amount on your money?
kirill [66]
1=A
2=D
3=C
4=A
5=C
6=C
7=D
8=A
9=C
10=D
11=C
12=A
13=C
14=B

8 0
2 years ago
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