subject
History, 06.05.2020 03:27 mprjug6

At the beginning of 1994, Congress enacted a 10% increase in the federal minimum wage. At that time, Charlesville Hotdog and Beef Company employed 4,000 employees, with over 90 percent of the workforce making minimum wage. Despite the fact that the increase in minimum wage increased the operating expenses of Charlesville Co., the company reported record profits at the end of 1994.

Which of the following, if true, most helps to resolve the apparent paradox?

A. Charlesville Co. spends more money procuring cows for their Hotdog and Beef products than they do paying their 4,000 workers.

B. Charlesville Co. also saw an increase in expenses other than its wages in 1994.

C. Before 1994, the company had considered giving its employees a 10% raise, but ultimately decided not to do so.

D. The company's customer base is made up primarily of families that rely on minimum wage incomes.

E. The majority of the company's 4,000 employees work in the company's meat-packing facilities.

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 17:00
It is 1902 i make 45,000 per year how much do i owe in federal income taxes
Answers: 3
question
History, 21.06.2019 22:30
How should the student cite this source using mla citation format?
Answers: 1
question
History, 22.06.2019 00:00
In the 1980s, more russians worked to encourage change in the government by a) establishing a new political system. b) rallying for democratic reforms. c) supporting the democratic system. d) resisting gorbachev’s reforms.
Answers: 1
question
History, 22.06.2019 04:30
How does wards description of the roman government compare to polybius description in sorce 1 and millars description in source 2
Answers: 1
You know the right answer?
At the beginning of 1994, Congress enacted a 10% increase in the federal minimum wage. At that time,...
Questions
question
Biology, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
Mathematics, 09.12.2020 23:50
question
History, 09.12.2020 23:50
Questions on the website: 13722363