Answer: .B. has a large dead weight loss
Explanation:
The labor market basically has two forces pulling against each other, we have firms who demand labor and we have workers who are Suppliers of labor. Firms will want to hire more labor at a lower wage price while more workers will want to work when the wage price is higher as the law of supply stipulates
The law of supply states that more is supplied at a higher price, now using the same law on the supply of labor we conclude that more labor will be supplied at a higher Wage which represents Price. A Labor Market is equilibrium when Quantity Demanded Equals Quantity Supplied. Elasticity measures the sensitivity of Demand or Supply to Price Changes. The amount of Change in the Quantity supplied or demanded depends on how elastic the demand or supply is to wage Price changes
When Supply Curve is highly elastic means a small change in wage price will have a huge impact on the Total amount Labor supplied. When government imposes Tax on labor, The Wage price will decrease and workers will now earn a wage net of tax,
The Supply curve is highly elastic meaning a small decrease in wages caused by a tax imposed on labor will only lead to a huge decrease in the quantity of labor supplied because more people will choose not work. The tax imposed on labor creates a huge dead weight loss in the labor market because the market is no longer in equilibrium. The Quantity of labor supplied is far less than the quantity of labor demanded.
Answer: attached to other houses in a long row in a building that is owned by a landlord housing owned by shareholders.
An apartment is a row of houses with one common entrance and a hallway. It belongs to one building wherein the rows of apartment are attached and is managed by landlords.
Answer:
Option A) $5000
Explanation:
The explanation for this question is given in the attachment below.
Determine the sequence of the human DNA.
Hope this helps!
Out of all your options,, the best answer is option B. the best way to help both the alcoholic and their family is by communicating with both people. by not becoming involved or being rude to give "tough love", you are only making the situation worse. alcoholics are not horrible people and neither are their families,, so the best way to help them both is by helping them communicate to help fix the situation.
let me know if you have any further questions
:)
