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Author Question: The government of Richland has set a minimum wage for factory workers. This will lead to an ________ ... (Read 58 times)

notis

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on: Jun 29, 2018
The government of Richland has set a minimum wage for factory workers. This will lead to an ________ if above the current market wage.
 
  A) increase in total surplus
  B) increase in the number of workers supplied
  C) excess demand for workers
  D) increase in income inequality

Question 2

In economics, the term capital refers to
 
  A) the money in one's pocket.
  B) buildings and equipment.
  C) mineral resources.
  D) consumer goods.


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sierrahalpin

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

B

Answer to Question 2

B


notis

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Reply 2 on: Jun 29, 2018
Gracias!

FergA

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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