This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The government of Richland has set a minimum wage for factory workers. This will lead to an ________ ... (Read 140 times)

notis

  • Hero Member
  • *****
  • Posts: 596
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sierrahalpin

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


notis

  • Member
  • Posts: 596
Reply 2 on: Jun 29, 2018
Excellent

bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Increasing Separation of Masters and Workers Increasing Separation of Masters and Workers
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ... Prolonged abuse leads to production of stress hormones that can lead to a cascade of effects ...
Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ... Anxiety model. Stressful events lead to symptoms of anxiety, which can be resolved by coping ...
Specialized Workers: Honeypot Ant Specialized Workers: Honeypot Ant
Video: Asthma Treatment

For a complete list of videos, visit our video library