Steven’s Shoes had a difficult time generating a profit last year. Steven, the owner, is thinking about decreasing his employees’ wages in order to solve this problem. What should he be aware of before he does this?
a.
NAFTA regulations
b.
principles of supply and demand
c.
tariffs that may apply if he lowers wages
d.
government regulations for employee wages
Answers: 2
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Steven’s Shoes had a difficult time generating a profit last year. Steven, the owner, is thinking ab...
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