Social Studies High School

In the diagram above, what will happen if the government sets the minimum wage at Point B?

There will be a shortage of workers.
There will be a surplus of workers.
The minimum wage will rise to meet equilibrium.
The minimum wage will fall to meet equilibrium.

In The Diagram Above, What Will Happen If The Government Sets The Minimum Wage At Point B? There Will

Answers

Answer 1

Answer:

A) There will be a shortage of workers.

Explanation:

Just took the test hope this helps ya

Answer 2

As given in the diagram, If the government sets the wages at a minimum at point B then the issue of a shortage of workers will arise. Thus, option A is correct.

What do you mean by minimum wages?

According to the law of the country, the lowest amount paid to any worker per hour without signing any agreement is considered as minimum wage.

If the government sets the minimum wages then they face a shortage of workers in the country resulting in inflation. There will be unemployment in the market due to the availability of fewer jobs and  minimum wages.

Therefore, option A shortage of workers will arise if a minimum wage policy is established.

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Related Questions

John has been having difficulties getting out of bed, is not interested in going out with friends, and does not even answer the phone. He has let a number of bills go unpaid, he is sleeping 12 to 14 hours a day, and he cannot concentrate at work. He has called in sick to work at least once each week. John is MOST likely suffering from _____ disorder. Please type the correct answer in the following input field, and then select the submit answer button or press the enter key when finished.

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Answer:

depressive disorder

Explanation:

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Answers

Answer:

Astrolabe, Compass

Explanation:

Actually you are correct!

Hope this helps you!

which despite occurred during the constitutional convention?

Answers

Answer:

The Constitutional Convention was held in Philadelphia, Pennsylvania, from May 14 to September 17, 1787. The aim of the meeting was to determine how America would be ruled. Despite the fact that the Convention was formally convened to amend the original Articles of Confederation, many delegates had much grander ambitions.

Explanation:

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Who laid down their lives in defence of the tribal people

Answers

Answer:

Soldiers.

Explanation:

Soldiers laid down their lives in defense of the tribal people because they also citizens of the state and the army is responsible for saving their lives at any cost. Soldiers are the people who laid their lives in protection of its people as well as for defending the boundaries of its country. These soldiers are gems of our nations that work without any benefits or advantage, they only do of their love for the country and its people so we can say that soldiers laid down their lives in defense of the tribal people.

3 reasons why human trafficking is bad (written in paragraphs)

Answers

Answer: human trafficking is bad in many ways. One of the reasons human trafficking is bad because the person there trafficking can be sexual harrssed into doing things they dont want to do or even worsted murdered i say this because human trafficking is Human trafficking is the trade of humans for the purpose of forced labour, sexual slavery, or commercial sexual exploitation for the trafficker or others knowing this i know the person that is being trafficked has no say . Another reason that Human trafficking is bad is because of the trauma i say trauma because the person trafficked has no choice in what the person does to them they could of sold the person many times and has been sexually harassed many times or even have got pregnant without there permission knowing that anyone of any age can be human trafficked. MY last and final reason why human trafficking is bad is that the person being human trafficked can catch a  disease like aid/hiv and that is not fair to the victim because they didnt ask to be put in this situation and the victim wont be able to live normally anymore. These are 3 reasons why human trafficking is bad

The person above is correct

Write a short introduction to earthquake.​

Answers

Answer:

Earthquake, any sudden shaking of the ground caused by the passage of seismic waves through Earth’s rocks. Seismic waves are produced when some form of energy stored in Earth’s crust is suddenly released, usually when masses of rock straining against one another suddenly fracture and “slip.” Earth’s major earthquakes occur mainly in belts coinciding with the margins of tectonic plates.

A healthy economy can usually sustain a ___% inflation rate?
A. 10%
B. 1%
C. 2%
D. 4%

Answers

Answer:

C. 2%

Explanation:

Understanding Inflation

Inflation is often used to describe the impact of rising oil or food prices on the economy. For example, if the price of oil goes from $75 a barrel to $100 a barrel, input prices for businesses will increase and transportation costs for everyone will also increase. This may cause many other prices to rise in response.

In what nation, which is considered the world's largest democracy, are coronavirus
cases and new restrictions on the rise?

Answers

Answer:

India

Explanation:

India is the world's largest democracy and currently the number of cases are rising tremendously with highest increment of 1.5 lakhs patients in a day.

The current number of Corona disease positive cases in India as on date 18 April 2021 are 1679740

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