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

Why is the concept of a stigma so critical to the concept of deviance?
Can someone help me with these four questions? They're the pictures (including possible answers)
A price of $180 was increased to $207. Find the percent of increase.
Which characteristics do healthy families have in common? Check all that apply Spending time together Solving problems together Ignoring one another’s happin
math problem: A closet contains red and grey shirts. she has 8 red shirts and seven grey shirts. five of the red shirts have flowers and four of the grey shirts
name main artery that takes blood from left ventricle
identify whether the given functions is exponential growth or exponential decay
When a honeybee pollinates a flower, the symbiosis would be _______ A. Commensalism B. Mutualism C. Parasitism D. Predator-Prey
What is true about gestation periods of endangered animals? A. Endangered animals are unable to reproduce so they have no gestation period B. Endangered animals
Question for this answer