Business, 28.12.2019 01:31 johngayden46

Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. the equilibrium wage prior to the minimum wage hike was $10/hour. which of the following is likely to result from the minimum wage? a. the state will experience full employment. b. employers will demand more labor than workers will supply. c. the labor market will become more efficient. d. some employers and workers will agree on a wage less than $20 and not report the wages to the government.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 23.06.2019 07:00, brokegirlyy

Rare beef roasts can be cooked to what internal temperature? a) 120°f b) 130°f c) 145°f d) 155°f

Answers: 1

continue

Business, 23.06.2019 18:50, lai16kk77

To determine customer opinion of their safety features, daimler minus chrysler randomly selects 120 service centers during a certain week and surveys all customers visiting the service centers.

Answers: 1

continue

Business, 23.06.2019 21:00, stef76

You read the newspaper daily. lately, you have noticed more articles about increased tuition at various public and private colleges and universities. you draw the conclusion that all colleges and universities have increased tuition. which type of reasoning is this

Answers: 3

continue

Business, 23.06.2019 22:00, jinxjungkook

what certification program, sponsored by isc2, requires knowledge of digital forensics, malware analysis, incident response, e-discovery, and other disciplines related to cyber investigations?

Answers: 1

continue

You know the right answer?

Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour....