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
Vesna [10]
3 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]3 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.

You might be interested in
The Josey Company uses the weighted average method. The beginning work in process consists of 6,000 units (100% completed as to
zvonat [6]

Answer:

Total equivalent units= 135,000 units

Explanation:

<u>The weighted average method blends the costs and units of the previous period with the costs and units of the current period.</u>

<u></u>

Conversion costs:

Units completed and transferred out= 133,000 units

Ending WIP= 10,000*0.2= 2,000 units

Total equivalent units= 135,000 units

3 0
3 years ago
Write 8,770,709 in word form Math
Leno4ka [110]

Answer:EIGHT MILLION SEVEN HUNDRED SEVENTY THOUSAND SEVEN HUNDRED NINE

sorry about the caps

Explanation:

5 0
3 years ago
Read 2 more answers
Opposing Claims Quick Check
denis23 [38]

Answer:

The answer would be D

Explanation:Because debating means arguing

5 0
3 years ago
Read 2 more answers
The accounts receivable account had a beginning balance of $100,000, cash received on account was $120,000, and sales on account
saw5 [17]
The answer for this question is 170,000
6 0
3 years ago
A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 in the event that the man's death occurs
Citrus2011 [14]

Answer:

$1,500

Explanation:

Given that,

A man wishes to purchase a life insurance policy that will pay the beneficiary $25,000 if the man's death occurs in the next year.

The probability that the company pays nothing is 0.94 and there is 0.06 probability that the company pays $25,000.

So, on an average expected loss is as follows:

= 0.94 × $0 + 0.06 × $25,000

= $1,500

Hence, the minimum amount that he can expect to pay for his premium is $1,500.

7 0
3 years ago
Other questions:
  • Aryn is a music fan, and she enjoys learning about how speakers and sound systems are wired. She is reading books
    5·1 answer
  • An executive who prioritizes the organization's mission and the needs and goals of subordinates, rather than ego gratification a
    5·2 answers
  • Mary works in the accounting department of new trends sales company. her job includes reviewing expense reports submitted by man
    6·1 answer
  • As customers of pierre’s dress shoppe prepared their wardrobes for winter, they purchased all of the long-sleeved dresses he had
    11·1 answer
  • Dawn wang heads an ad agency in texas and regularly needs to work with​ copywriters, artists, and designers to come up with effe
    15·1 answer
  • A high degree of managerial mobility in societies that emphasize individualism can lead to Group of answer choices increased man
    7·1 answer
  • Eric, the owner of a struggling business that supplies fresh product to restaurants, is faced with a decision that will mean eit
    13·2 answers
  • A decrease in the price of eggs will result in
    11·1 answer
  • Crane Real Estate Company management is planning to fund a development project by issuing 10-year zero coupon bonds with a face
    15·1 answer
  • Which of these people is part of the labor force?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!