C if i remember correctly.
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Is that all of the question?
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:
Herbert Clark Hoover (August 10, 1874 – October 20, 1964) was an American politician, businessman, and engineer, who served as the 31st president of the United States from 1929 to 1933. A member of the Republican Party, he held office during the onset of the Great Depression.
Explanation:
Missouri Compromise, (1820), in U.S. history, measure worked out between the North and the South and moved by the U.S. Congress that gave permission for the admission of Missouri as the 24th state (1821). It marked the beginning point of the length quarrel dispute sectional conflict over the extension of slavery that led to the American Civil War.
