Based on the Graph displayed, the number of workers willing to work increased when the government raised the minimum wage from $17 to $25, the observation is that the workers increased from 17 to 28 due to an increase in minimum wage.
To understand the answer it is important to understand the definition of supply and demand in the labor market in any economy. The supply and demand for labor are much like the supply and demand for any other service. Consistent with the law of demand and supply (as price rises, quantity demanded falls and quantity supplied rises.
In this scenario, looking carefully at the graph, the graph shows that in the ordinate axis (Y line), where the minimum wage values are, The demand for workers falls to 9 when minimum wage increase, and the supply (workers willing to work) increased to 28 workers. This means that companies would hire 9 workers paying $25 in Minimum wage.
So, therefore, an increase in minimum wage will bring about an increase in the supply of workers, however, this will lead to a decrease in demand for workers by firms.
Answer:
Some of the negative impacts that are associated with colonization include; degradation of natural resources, capitalist, urbanization, introduction of foreign diseases to livestock and humans. Change of the social systems of living. Nevertheless, colonialism too impacted positively on the economies and social systems
Answer:
They used rationing, encouraged victory garden, and they controlled wages and prices.
A. Christ's crucifixion.
Jesus Christ was supposedly tortured and killed on the cross in Isreal, leading the Latin cross (one central beam with two "arms" on either side, slightly more than halfway up ✝) to become a symbol of Christianity.
Answer:
It was established in 1951
Explanation:
