subject
Business, 30.12.2021 01:30 vgann3020

If the minimum wage is currently above the equilibrium wage, then: a. a decrease in the minimum wage increases both the quantity demanded and the quantity supplied of labor.
b. decreases both the quantity demanded and the quantity supplied of labor.
c. increases the quantity of labor demanded but decreases the quantity of labor supplied.
d. decreases the quantity of labor demanded but increases the quantity of labor supplied.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:30
On july 1, 2016, killearn company acquired 103,000 of the outstanding shares of shaun company for $21 per share. this acquisition gave killearn a 40 percent ownership of shaun and allowed killearn to significantly influence the investee's decisions. as of july 1, 2016, the investee had assets with a book value of $6 million and liabilities of $1,468,500. at the time, shaun held equipment appraised at $140,000 above book value; it was considered to have a seven-year remaining life with no salvage value. shaun also held a copyright with a five-year remaining life on its books that was undervalued by $562,500. any remaining excess cost was attributable to goodwill. depreciation and amortization are computed using the straight-line method. killearn applies the equity method for its investment in shaun. shaun's policy is to declare and pay a $1 per share cash dividend every april 1 and october 1. shaun's income, earned evenly throughout each year, was $580,000 in 2016, $606,600 in 2017, and $649,200 in 2018. in addition, killearn sold inventory costing $93,000 to shaun for $155,000 during 2017. shaun resold $97,500 of this inventory during 2017 and the remaining $57,500 during 2018.a. determine the equity income to be recognized by killearn during each of these years. 2016 2017 2018b. compute killearn’s investment in shaun company’s balance as of december 31, 2018.
Answers: 2
question
Business, 23.06.2019 02:00
1. how much money did selfridge spend on advertising before the store’s opening? 2. explain what shopping was like in london during the early 1900s. how does this differ from the modern shopping experience? 3. what was the role of a floorwalker in 1900s london? 4. what inspired selfridge to ensure that customers in his store could browse at their leisure? do you need the links to the video?
Answers: 1
question
Business, 23.06.2019 03:20
Which of the following traits indicate that stephanie is good at time management in her new management role? during the work day, stephanie does not know what to do next. stephanie's work space is crowded and cluttered. stephanie uses breaks during work to see what friends are up to on social media. stephanie keeps a schedule for events, meetings, and deadlines.
Answers: 1
question
Business, 23.06.2019 07:00
Choose all that apply. a financially-responsible person has a budget has no plan spends less than they make pays for everything with a credit card saves their money pays bills on time
Answers: 1
You know the right answer?
If the minimum wage is currently above the equilibrium wage, then: a. a decrease in the minimum wa...
Questions
question
Arts, 01.08.2019 15:30
question
Chemistry, 01.08.2019 15:30
Questions on the website: 13722363