What happens to the quantity demand of labor when government establish a minimum wage

Answers

Answer 1

Answer:

Simple logic dictates that when there is no lack of supply and prices of commodities rise, demand must decrease. Consumers of labor will look for alternatives if the price is arbitrarily raised in a sector of the labor market where there are a lot of jobless people. This would increase the unemployment rate. On the other hand, if labor was in low supply, there would naturally be a price increase due to the rivalry for employees.

Explanation:

Since most people are not suddenly lured to work for a few additional bucks, the supply of employees won't alter and those who wish to remain on welfare will do so. For minimal pay, many won't return the labor. The BIG shift would come from the falling demand, though. Many small firms would have to dramatically cut the number of employees they could afford if the minimum wage was raised (as many are hanging on by thin margins as it is). Companies would try to increase expenses (or automate, which I'll get to in a moment), or compel low wage workers to perform more work, or increase the burden of higher level employees. Entry-level labor is meant to pay the minimum wage. then why pay more? Can this individual handle extra work? more talent? Therefore, that employment is no longer considered to be minimum wage. So, by imposing a salary rise, you're telling corporations that workers are suddenly more skilled or able to do additional work. You guessed it, unemployment will increase. The entry-level newcomers on the verge of being dismissed will be replaced with a more senior candidate who is worth the extra pay. Consider McDonalds. Why would you pay a beginning fry cook $15 per hour when you can have a machine that consistently produces the best burger for less money? (long term). Why use a cashier when a touch screen would do? The larger initial cost is true, but it will shortly become equal. Your new crew is reduced from 12 employees to only 2 workers and a ton of machinery. The most automatable jobs will simply be mechanized if you say they shouldn't use machines, which is the fundamental fact of raising salaries. For the business, it is more effective and efficient. Keep in mind that if it doesn't make financial sense, it doesn't make sense. Don't assume that businesses would suffer in silence as a result of this since, in the end, they will err on the side of the law in pursuit of profits. It doesn't function like that. Minimum wage jobs are not meant to be living wage — it's meant to be entry level. Increasing minimum wage only encourages folks to stay at an entry level position for which there are immense consequences for small businesses and automation. A minimum wage increase will increase unemployment among the least skilled workers, and demand for them will significantly decrease in favor of illegal work, subcontracting, and automation.

Answer 2
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Related Questions

Once a country develops, it has
an inclination to grow in life
expectancy and
A. death rate
B. education
C. poor people

Answers

the answer is A. death rate

Answer:

B. education

Explanation:

As a country develops, life quality gets better, such as life expectancy and the right to education.

If a volcano was actively releasing a large amount of volcanic gas and then abruptly stopped, what might happen to the volcano in the near future

Answers

The volcano is an elevated structure through which the flows out and cools down and forms a rock

the volcano is of 3 types

Active volcano

dormant volcano

Extinct volcano

when there is a large amount of gas released from the volcano it indicated that the volcano may erupt in the future as the gas may be released from any chemical reaction the stopping of the gas shows the chemical reaction which took place is over or slowed down but it denotes in the near future the volcano my erupt and can cause destruction

hence it is concluded that the dormant volcano can become active with the passage of time

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Ocean floor subducts under continents because:_________.
i. the ocean floor is made of mafic material and is therefore more dense than continental material. ii. the weight of the continents is so great that they push the ocean floor material downward. iii. the ocean floor is made of felsic minerals and is heavier than continental material. iv. the ocean floor has a lower density and therefore sinks more easily. v. both i and ii

Answers

Answer:

i.

Explanation:

the ocean floor is made of mafic material and is therefore more dense than continental material:

When an oceanic plate converges with a continental plate, the oceanic crust will always subduct under the continental crust; this is because oceanic crust is naturally denser.

China has embarked on a number of serious transitions since the Communist republic
was declared in 1949. Since that time, the country has shifted from a command
economy to a market economy and has opened up trade to the West. This has opened
up more opportunities for the Chinese people as well.
O True
False

Answers

Answer:

true

Explanation:

this is the answer of these question

______ are examples of natural hazards present in the Rapid City area as a result of its location in a low area along Rapid Creek.

Answers

Answer:

Floods are examples of...

If two parallel lines are cut by a transversal, the alternate
exterior angles are

Answers

Answer:

f two parallel lines are cut by a transversal, then, Alternate Exterior Angles are congruent. If two parallel lines are cut by a transversal, then corresponding angles are congruent

Explain why Khanna believes connectivity could greatly benefit the Middle East.

Answers

Khanna believes connectivity would reduce disagreement among Middle East and promote unity and togetherness.

What is connectivity?

Connectivity allows for connection among people this is to foster peace and unity.

Khanna believe that creating a connection among the people will help improve the relationship that exist among them and also bring peace and love among the Middle East people.

Therefore,

Khanna believes connectivity would reduce disagreement among Middle East and promote unity and togetherness.

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"_______ is a measure of the energy released by an earthquake, taking account of the fact that energy may be released over a large area of a fault"

Answers

Magnitude
is the energy released by an earthquake.
Using a Richter Scale. (often)

Magnitude is a measure of the energy released by an earthquake, taking account of the fact that energy may be released over a large area of a fault.

It helps to quantify the overall strength of the seismic event, providing valuable information for understanding and comparing earthquakes. Magnitude is a logarithmic scale, with each whole number increase representing roughly 31.6 times more energy release. This scale, originally devised by Charles F. Richter, allows seismologists to categorize earthquakes based on their size and impact.

It is important to distinguish magnitude from intensity, as intensity refers to the effects of an earthquake at specific locations, while magnitude represents the total energy release. Magnitude is a crucial parameter for assessing seismic hazards, designing structures to withstand earthquakes, and planning disaster response and recovery efforts.

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formation of a oxbow lake?

Answers

Answer:

An oxbow lake starts out as a curve, or meander, in a river. A lake forms as the river finds a different, shorter, course. The meander becomes an oxbow lake along the side of the river. Oxbow lakes usually form in flat, low-lying plains close to where the river empties into another body of water.

Explanation:

hope it will help you

What is the measure of Angle 1
How many perpendiculars can we draw to a line from given point outside the line

Answers

Answer:srry

Explanation:

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approximately how many visitors does Shanghai receive per year (average)

Answers

In 2020, around 236 million tourists from mainland China will visit Shanghai. Of these, 117.7 million people were living in Shanghai municipality and pursuing touristic activities, and 118 million were tourists from all over China. Every visitor spent on average 1,190 yuan in Shanghai

What term is used for the present-day region of Mexico, Guatemala, Belize, Honduras, and the Pacific coast of El Salvador

Answers

Answer:

Mesoamerica

Explanation:

The answer is Mesoamerica

Southern Africa starts at which lake,
that acts as a border between the north
and the south?
A. Lake Saint Lucia
B. Lake Chad
C. Lake Fundudzi

Answers

It should be Lake Chad A

Explain how climate change has contributed to spatial and temporal variation of the natural process

Answers

Answer:

Climate change can alter where species live, how they interact, and the timing of biological events, which could fundamentally transform current ecosystems and food webs. Climate change can overwhelm the capacity of ecosystems to mitigate extreme events and disturbance, such as wildfires, floods, and drought

earth was formed from _ that slowly combined with other _?

Answers

The Earth was formed from the tectonic plates that slowly combined with the other plates to form mountain ranges, landmasses etc.

What is tectonic Plates?

The tectonic plates are the surface of the irregular solid rock which is also called as Lithosphere plate and it is made up of continental and oceanic lithosphere.

The Earth was formed billions years ago by the movement of the tectonic plates and lead to the formation of the landmasses, mountain ranges, volcanoes etc.

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The new pipeline opened in 2006 between Baki (Baku) and Ceyhan carries Caspian Sea oil to a new terminal located on the:

Answers

The new pipeline from Baki (Baku) to Ceyhan is used to transport oil from the Caspian sea to the Mediterranean sea.

Where does the Baki (Baku) and Ceyhan pipeline go to?

The pipeline between Baki (Baku) and Ceyhan carries oil that is extracted from the Caspian sea to the Mediterrean.

When it gets to the Mediterranean sea, it would then be picked up by oil tankers to other parts of the world.

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6. The most populous cities in the Northeast are

Answers

New York City, Boston, Philadelphia, Baltimore, Washington, d.c., Hempstead NY

The three most abundant elements in Earth's crust are Group of answer choices rock, water, and tectonics. magnesium, potassium, and oxygen. oxygen, silicon, and aluminum. iron, aluminum, and granite.

Answers

Explanation:

oxygen, silicon, and aluminum

Although it is relatively common, limestone is an economically important rock type because its major constituent mineral, ________, is used in the production of ________.

Answers

Answer:

rock

bricks

Explanation:

limestone is a mineral that is used to make bricks and paving

Although it is relatively common, limestone is an economically important rock type because its major constituent mineral, rock Although it is relatively common, limestone is an economically important rock type because its major constituent mineral, bricks.

What is rock?

It is difficult to be more precise about rock music, also known as rock and roll, rock & roll, or rock 'n' roll, a kind of popular music that first appeared in the 1950s. It is defined as "a genre of music with a strong beat."

In daily life, rocks stand for obstacles to be overcome and new views to be attained. Rocks frequently serve as a metaphor for the challenges a character must face in order to succeed in myths, fables, and stories.

The Rock are sturdy, firm, and conscientious, as their name suggests. The Rock is generally sympathetic but prefers facts to emotions and wants conversations to be level-headed and businesslike. If you ever find yourself in a disagreement with the Rock.

Thus, rock and bricks.

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Is there a demonym / gentilic for abya yala? (indigenous name of the american continent)

Answers

Answer:  Abya Yala is a Kuna (Panama) word meaning Continent of Life, which includes all of the Americas. The Abya Yala Fund (AYF) was created by and for indigenous peoples from Central and South America and Mexico

Explanation:

Based what you have learned about these different models think about the nick-name for the city of Indianapolis, The Circle City. Which model do you think was originally used when the city was planned? Why do you believe this to be true?

Answers

The model design as made by Alexander Ralston and Elias Pym Fordham who were known to have designed the Circle City were known to have used the original pattern for the city via a grid style branching model.

I believed it is true because at the grid style  or model used for the city is one that  branching out that starts from Governor's Circle.

What is the circle city about?

The city of Indianapolis known as the Circle City is one that is made up of circular street that are surrounds by Monument  of proud Soldiers and Sailors.

Alexander Ralston and Elias Pym Fordham were famous as they were said to have designed the city in a form of grid model where there is branching out that starts from Governor's Circle which is often called  Monument Circle.

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A group of researchers carried out a study to determine which type of portable water purification system is the most effective. Throughout the study, they used water from a variety of lakes in the region. Which conclusion could be reported based on this study

Answers

The conclusion that could be reported based on this study is that the study will produce results regarding the effect of the portable water purification systems only on lake water in that region. This is further explained below.

What is a study?

Generally, a thorough inquiry into and evaluation of a topic or a situation.

In conclusion, Based on this investigation, one conclusion that could be drawn is that the study will only generate findings about the influence that portable water purification systems have on lake water in that location. This is the only conclusion that could be drawn from this study.

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The point on the surface of the Earth directly above the spot beneath the surface where a fault slipped during an earthquake is called a ___

Answers

Answer:

An Epicenter would be the surface point above where a fault sliped.

What does the author think is responsible for people's poor eating habits?

They do not know how to correctly read the nutrition information on food packages.
They do not know how to prepare healthy meals that are both inexpensive and quick.
They often choose foods that are quick and convenient instead of ones that are healthy.
They spend time thinking about work and entertainment instead of thinking about food.

Answers

Answer:

c) They often choose foods that are quick and convenient rather than foods that are healthy.

Explanation:

hope this helps!!!

help me out !!! i’ll give you brainly

Answers

Answer:

C because technically there is only 1 ocean

Explanation:

Answer:

Historically, there are four named oceans: the

Atlantic, Pacific, Indian, and Arctic. H

Describe two safety actions that should be practiced in the home. Justify your answer by describing how the action will keep people in the house safer

Answers

Answer:

is there any picture that we can look at or are we jus asnwering

Global climate change Group of answer choices is affecting weather patterns, plant and animal distributions, and melting glaciers. has increased the spread of infectious diseases. in the next 50 years is expected to be greater than the last 18,000 years combined. has been linked to floods, droughts, and record high temperatures. all of the above

Answers

Global climate change in all of above .

Global climate change :-

Is affecting weather patterns, plant and animal distributions, and melting glaciers. Has increased the spread of infectious diseases. In the next 50 years is expected to be greater than the last 18,000 years combined.Has been linked to floods, droughts, and record high temperatures.

What is Global Climate Change?

Climate change refers to long-term shifts in temperatures and weather patterns. These shifts may be natural, but since the 1800s, human activities have been the main driver of climate change, primarily due to the burning of fossil fuels (like coal, oil, and gas) which produces heat-trapping gases.

Global climate change refers to the average long-term changes over the entire Earth. These include warming temperatures and changes in precipitation, as well as the effects of Earth's warming, such as: Rising sea levels and Shrinking mountain glaciers etc.

Therefore, Global climate change in all of above .

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What ended the Boxer Rebellion?

a.) Due to military reform, the Chinese crushed the rebellion.
b.) Allied forces came in and crushed the rebellion.
c.) The Boxers seized the palace at Beijing and took over.
d.) The Qing Dynasty collapsed.

Answers

Answer: The Answer is B

Explanation:

1, C is wrong because they didnt win over Beijing

2, I could see why people would be able to pick A but dont

3, They didnt until Boxers were collapsed


What is the standard form of equation

Answers

Explanation:

The standard form for linear equations in two variables is Ax+By=C. For example, 2x+3y=5 is a linear equation in standard form. When an equation is given in this form, it's pretty easy to find both intercepts (x and y).

ABC is similar to DEF. The ratio of the perimeter of abc to the perimeter of def is 1:10. The longest side of def measures 40 units. The lengths of the longest side of abc is

Answers

The length of the longest side of this triangle is given as 4 units.

How to solve for the longest side of the triangle.

The scale factor that we have in this question is 1/10

The longest side of the triangle can be gotten from the

scale factor x side

= 1/10 x 40

= 4 units

Hence the longest side of the triangle is 4 units.

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