This topic contains a solution. Click here to go to the answer

Author Question: A minimum wage set above the equilibrium wage rate for low-skilled workers ________. A) creates ... (Read 74 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
A minimum wage set above the equilibrium wage rate for low-skilled workers ________.
 
  A) creates more employment opportunities for low-skilled workers
  B) creates more prosperity among younger people
  C) creates unemployment among low-skilled workers
  D) increases the number of good paying jobs available to young people

Question 2

In the above table, if the firm sells 5 units of output, its total revenue is
 
  A) 15.
  B) 30.
  C) 75.
  D) 90.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

C




fbq8i

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Wow, this really help


Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The average adult has about 21 square feet of skin.

For a complete list of videos, visit our video library