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Author Question: A minimum wage set above the equilibrium wage rate for low-skilled workers ________. A) creates ... (Read 70 times)

fbq8i

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on: Jun 29, 2018
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.


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chevyboi1976

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


fbq8i

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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