The answer is, larger; downward.
- Other things being equal, a larger supply of workers tends to put downward pressure on real wages.
<h3>How do wage increases affect the demand for and supply of labor?</h3>
- The quantity of work required will alter in response to changes in pay or salary.
- Employers will want to hire fewer workers if the pay rate rises.
- There will be a reduction in the amount of labor requested and an upward shift in the demand curve.
<h3>What causes wage increase?</h3>
- There are several reasons why employers may decide to raise salaries.
- An increase in the minimum wage is the most frequent justification for wage increases.
- The minimum wage can be raised by both the federal and state governments.
- Companies that manufacture consumer items are also renowned for giving their employees small pay raises.
<h3>How does wage increase affect supply?</h3>
- The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
- The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.
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This is mainly opinionated, and since I'm young I may be wrong.
I say it's good to motivate them because then they will do a better job at their task and will make you seem like a good boss/person, especially if it's a decent pay that will keep them being able to live. With the motivation, they might even remember more things (Such as: If you work at a gas station, you remember to upsell people when a deal is going on, whereas unmotivated people forget or just don't want to do it and be lazy). It's the same effect of giving a kid a piece of candy for being good, doing chores, or getting a harder question right.
<span>Privacy protection in the United states is much less stringent than in Europe.
Stringent is another word for strict. European privacy protection laws are much more strict than those in the United States. Privacy protection refers to the means of protecting your privacy and companies are not allowed to give out personal </span>information without confirmation they are allowed to do so.
The answer is discouraged by government
They have many potential <u>Entry Modes</u> at their disposal.
<h3>What is Entry Mode?</h3>
Foreign market entrance modes in international trade are the methods through which a corporation can expand its services into a non-domestic market.
Market entrance options are classified into two types: equity and non-equity. Export and commercial agreements are examples of non-equity mechanisms. Joint ventures and totally owned subsidiaries are examples of equity models. Different entrance mechanisms differ in three key ways:
- The level of danger they pose.
- Control and dedication to the resources required.
- The promised return on investment
Therefore, Companies like my gym, which seek to do business in new markets for manufacturing and/or marketing purposes, have many potential <u>Entry Modes</u> at their disposal.
For more information on Entry Modes, refer to the given link:
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