Demand and supply curves can be represented with equations. Suppose that the demand for low-skilled labor, QD, is represented by the following equation, where W is the wage rate: QD, = 53,000,000 - 3,000,000W The supply of the low-skilled labor, Qs, is represented by the equation Qs = 10,000,000 + 6,000,000W. A) Find the equilibrium wage.
B) Find the equlilibrium quantity of labor.
C) what happen if the minimum wage is $8?
D) What happens if the minimum wage is $6?

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

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