Seikoz517 Seikoz517
  • 02-12-2021
  • Business
contestada

when a minimum-wage law forces the wage to remain above the equilibrium level, the result is

Respuesta :

Juls209
Juls209 Juls209
  • 02-12-2021
When a minimum-wage law forces the wage to remain above the level that balances supply and demand, it raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level. ( There is a surplus of labor.)
Answer Link

Otras preguntas

What is ''shatter'' drug?
which of the following polymers functions as insulation to help animals conserve heat
James bought 5 boxes of cookies and 2 cakes at the store for his party. The cakes cost $4 each and his total bill was $28.50, how much was each box of cookies?
we can conclude that the maya were polytheistic because
what force do scientist think is responsible for matter clumping together
What is the LCD of 1/2 and 2/17? A.1 B.17 C.19 D.34
In the United States, monetary policy is controlled by A. The Treasury Department. B. The Federal Reserve System. C. The Internal Revenue Service. D. the Office
The censors what lead to Juan death
If pepsin was mixed in a laboratory with sugar molecules like glucose, what is the MOST LIKELY result?
52 is 30% of what number