8. Minimum wage is
(1) The minimum price that an employer
can pay a worker for an hour of labor.
(2) The financial and opportunity costs
consumers pay when searching for a good or
service.
(3) A situation in which quantity supplied in
greater than quantity demanded; also
known as excess supply,
(4) Situation in which guantity demandes
greater than quantity supplied; also know
as excess demand.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “8. Minimum wage is (1) The minimum price that an employer can pay a worker for an hour of labor. (2) The financial and opportunity costs ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
What did Parliament do soon after the death of Oliver Cromwell? Parliament went to war with Scotland. Parliament restored the monarchy. Parliament banned the monarchy forever. Parliament imposed the Protectorate.
Answers (1)
What led many countries to return to traditional monarchies? What is militarism and how was it used to promote German Unification?
Answers (1)
Italy then homeland of the ancient romans is at which map location
Answers (1)
All of the following are associated with the Italian Renaissance except A) art served as a focus of daily life. B) members of the urban upper class became patrons of the arts. C) a fixed hierarchy of lords and vassals prevailed.
Answers (1)
How did many plains farmers respond to the challenges they faced during dust bowl conditions? A. they began using more productive farming techniques B. They left for California in hopes of starting a new life C.
Answers (1)
New Questions in History
What motivated the mass migration of many African Americans to Kansas in the 1800s? A. African Americans could have their passage to Kansas paid for by rich businessmen by agreeing to work on the railroad O B.
Answers (1)
Which of the following events or situations have become part of the Global War on Terror? Select the best answer from the choices provided. A. Chechnya's fight for independence from Russia B. Terrorist bombings in Madrid, London, and Istanbul C.
Answers (1)
Why cant we find treasure
Answers (1)
12. Napoleon sold the Louisiana Territory to the United States because he A. would have a hard time managing the land and needed the money for war in Europe. B. was forced to sell the land after losing a war to the United States. C.
Answers (1)
How does the Indian removal act effect Native Americans today?
Answers (1)