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Author Question: An employer faces a higher minimum wage control where it cannot pay its workers any less than 10.25 ... (Read 38 times)

genevieve1028

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on: Jul 1, 2018
An employer faces a higher minimum wage control where it cannot pay its workers any less than 10.25 an hour. The employer may react by
 a. Doing nothing-it cannot violate the regulation
  b. Offering the employees fewer fringe benefits
  c. Increasing spending on workplace amenities
  d. Hiring additional workers

Question 2

On average, if demand is unknown and costs of underpricing are _______ than the costs of overpricing, then _________.
 a. Smaller; overprice
  b. Smaller; underprice
  c. Larger; underprice
  d. None of the above


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ansleighelindsey

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

b


genevieve1028

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  • Posts: 601
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

jamesnevil303

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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