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

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

How does vitamin d support bone formation?

Kind people!help me please...And a detailed solution/THANKS sin^2x-0,5sin2x=0

What was the first armed conflict of the Cold War? A. the Korean War B. the Hungarian Uprising C. the Berlin Blockade D. the Cuban Missile Crisis

what type of scientist studies how bacteria are affected by antibiotics

Why did congress have trouble paying its debt after the war

8+x=18. Solve for x.

What did the National Assembly do with Church lands they seized? a. They sold the land to pay off debt. c. They used the land to compensate nobles who lost la

A clerk takes 3/4 h to process 9 how long does it take the clerk to process 1 application

The best way to defend yourself from stress-related illness is to a. exercise regularly. b. get enough sleep. c. eat right. d. all of the above

A Daily Value of 10% means that