Labor mobility. In markets, supply is represented by companies while demand is represented by customers. Its not the demand of the product that pays, it is the skill set of the employees that determines the their degree of pay. If you ask yourself why a retail sales person is paid less than a doctor, you will obviously note that the difference in their pay is their skill. Businesses look for profits, and skilled workers drive profitability high hence they get to be paid more than low skilled workers.
Answer:
he Korean War was fought between South Korea and communist North Korea. It was the first major conflict of the Cold War as the Soviet Union supported North Korea and the United States supported South Korea. ... The countries are still divided today and North Korea is still ruled by a communist regime.
Explanation:
Answer: A pope would eat different meats, poultry, bread, vegetables, etc.
Explanation:
Congress had not have the power to tax. Congress did not have the power to regulate foreign and interstate commerce. There was no executive branch to enforce any acts passed by Congress. There was no national court system.