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Author Question: 19742011Minimum wage per hour$ 2.00$ 7.25Weekly income from minimum wage$80.00$290.00Cost of a ... (Read 85 times)

Anajune7

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on: Jul 20, 2019
​19742011
Minimum wage per hour$  2.00$    7.25
Weekly income from minimum wage$80.00$290.00
Cost of a standard basket of goods$47.00$225.00
Number of baskets per week1.701.29

​Table 2.5

Comparing the minimum wages between 1974 and 2011 addresses the economic concept of:
◦ the principle of voluntary exchange.
◦ the principle of diminishing returns.
◦ the real-nominal principle.
◦ the marginal principle.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Anajune7 on Jul 20, 2019

Ahernandez18

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Anajune7

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Reply 2 on: Jul 20, 2019
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
:D TYSM

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