The market equilibrium wage is currently $12 per hour among hairdressers. at that wage, 17,323 hairdressers are currently employed in the state. the state legislature then sets a minimum wage of $11.50 per hour for hairdressers. if there are no changes to either the demand or supply for hairdressers when that minimum wage is imposed, the number of hairdressers employed in the state will be:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The market equilibrium wage is currently $12 per hour among hairdressers. at that wage, 17,323 hairdressers are currently employed in the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Uestion 5 a producer for a cable news show is feeling insecure. she complains to her boss that she isn't very smart and that she only does well because she's scared of being yelled at. her boss tells her to stop whining and not worry about it.
Answers (1)
If you were to have 1 football team of your own who would it be? A. cowboys B. lions C. bears D. giants
Answers (1)
Suppose you purchased an income producing property for $95,000 five years ago. In Year 1, you were able to negotiate a lease that paid $10,000 per year at the end of each year.
Answers (1)
Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2013. The notes included:Note A: Dated 5/31/2013, principal of $ 132,000and interest due 3/31/2014.
Answers (1)
The declaration and issuance of a stock dividend larger than 25% of the shares previously outstanding a. increases common stock outstanding and increases total stockholders' equity. b.
Answers (1)
New Questions in Business
The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Franklin Company uses the following journals: cash receipts (CR), cash payments (CP.
Answers (1)
A Company's perpetual preferred stock sells for $102.50 per share, and pays a $9.50 annual dividend. If the company were to issue a new preferred issue, a flotation cost of 4.00% would be paid to the investment bankers.
Answers (1)
Abigail spent $100 on a new edition of the personal finance textbook rather than $75 for a used copy. the additional cost for the new copy is called the
Answers (1)
What can be measured by the level of real gdp per person?
Answers (1)
Three people have identical rights but unequal shares in a property, share an indivisible interest, and may sell or transfer their interest without consent of the others. What type of ownership is this?
Answers (1)