ns to market equilibrium if the government amount of discharge permitted to Q**? s on the graph.

Q: Differentiate between Riba-al-Nasia and Riba-al-Fadl with examples of each.

A: Hey, thank you for the question. Since there are multiple questions posted, we will answer the first…

Q: illing and able to pay the price get the resource. When the range of activities to be monitored is…

A: Answer in step 2

Q: Who does federal minimum wage help and who does it harm? Does raising the current level of the…

A: Answer to the question is as follows:

Q: On what grounds did Malthus criticize the common practice of giving aid to the poor in England at…

A: Thomas Robert Malthus was a famous British economist known for his population growth philosophies.

Q: Although a college education pays off financially for white males, it does not benefit African…

A: In order to answer this question, we need to take into account the several cultural considerations…

Q: Describe the original rationale and purpose of the creation of a “minimum wage. When did this happen…

A: The original rationale and purpose of the creation of a “minimum wage The minimum wage was…

Q: poverty among

A: Minimum wages is the minimum amount of remuneration which an employer is in turn being required for…

Q: Explain how market failure can be used to justify government intervention in medical care markets

A: Market failure in healthcare could occur due to a number of reasons. This is because healthcare is a…

Q: Q1. Would you support the minimum wage law? Would this help or hurt the workers? Defend your answer.

A: The minimum wage law is the minimum wage rate mandated by the government, i.e. it is minimum wage…

Q: What are the socio economic and political factors which have influenced compulsory education

A: Education makes everyone more skilled and capable of the process of growth and development in the…

Q: The government imposes a minimum wage $w on the price of labor, where the market demand and supply…

A: Rationing includes the controlled conveyance of a scant decent or administration. An individual may…

Q: Are teenagers better off when a higher minimum wage enables some to earn higher wages but causes…

A: The minimum wage if happens to be larger than the equilibrium wage would cause a rise in…

Q: Would you support the minimum wage law? Would this help or hurt the workers? Defend your answer.

A: Wage is a monetary charge made for labor or services on a regular, monthly, or piecework basis,…

Q: . Would you support the minimum wage law? Would this help or hurt the workers? Defend your answer.

A: Minimum wage act: - it ensures the minimum amount of wage for workers. Unemployment: - unemployment…

Q: How do mandated benefits affect labor market outcomes? Why do these outcomes differ from those…

A: Answer - Mandated benefits :- Mandated benefits affect the labor market in positive way as mandated…

Q: Should the government raise the minimum wage? Why or why not? Take a stand and explain.

A: Minimum wage is the equilibrium wage that is determined in the labor market by the the intersection…

Q: why there were black markets

A: In an economy, black market is considered as a place for illegal exchange of goods and services by…

Q: Why is the black market a problem?

A: The black market is also known as underground economy. It refers to the market whose transactions…

Q: suppose the eeoc uses a job-scoring system and determines that the wage rate for a secretary is $50…

A: The wage rate for a secretary = $50 per hour.The competitive labor market wage rate = $10 per hour.

Q: What is the difference between the primary market and thesecondary market?

A: A market is a place where the trading, buying and selling of the goods and services, commodities,…

Q: the supply of labor will not change if all prices and wage rates by the same percentage is it true…

A: The supply of labor will not change if all prices and wage rates by the same percentage  – False

Q: Assume that the willingness to pay for a particular shirt is 125 and that producing that shirt has a…

A: Since you have posted multiple questions, we will answer the first question for you. If you want any…

Q: As a manager, you want everyone on the team to earn the same bonus, regardless of effort. Which of…

A: Distribution is based on several requirements and laws, which have different aims.

Q: Why are schools that serve economically strapped and culturally marginalized students more likely to…

A: Arts education is critical to the growth of every kid.

Q: how did the Church regulate market activity in the federal era?

A: The early Christian Church thrived in the first few decades after Christ, despite intense…

Q: How does train law negatively impact poor households in the Philippines?

A: The TRAIN Law or the Tax Reform for Acceleration and Inclusion is defined as a tax reform act which…

Q: What can be the goal of the government for the following policy? Give some examples. Per unit…

A: Subsidy: It is an amount of money which is being given directly either to the producers to encourage…

Q: How might efficiency wages increase worker productivity?

A: Efficiency wages: The payment above the competitive wages made by the firm to its worker.

Q: What are considered nonmarket barriers to adjustment? (check all that applies) a. minimum wage laws…

A: The barrier to entry is a way in which a firm is prevented to enter the market.

Q: Under the FLSA, states are preempted from requiring a higher minimum wage than the federal amount.…

A: For employees in the private sector, as well as federal, state, and local governments, the Fair…

Q: Is America a meritocracy?

A: The term Meritocracy refers to such kind of government which is ruled people from the educated…

Q: It is expected that rent control will not:

A: Rent control is a method adopted by government to check that no one rents above the price set by…

Q: Write a sentence or two defining the following terms in your own words. Give examples of each. a.…

A: Honest workers and good entrepreneurship go hand in hand to develop a successful business.

Q: Problem 4: Price Interventions Suppose that, in the absence of government intervention, the supply…

A: Equilibrium occurs at that point where quantity demanded is equal to quantity supplied. Shortage in…

Q: Enforceable contracts is a factor that encourages entrepreneurship. True False

A: An entity with the flexibility to translate inventions or technology into product Associate in…

Q: Assume the government imposes an effective minimum wage (i.e., one above the equilibrium wage rate…

A: Minimum wages refer to the least amount of remuneration an employer is bound by government to…

Q: Proponents of socialism contend that it willa. prevent workers from exerting significant control…

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: TRAIN law lessen or worsen poverty and income inequality in the country of Philippines? How will the…

A: 1) Will the TRAIN law decreases or worsen poverty and income inequality in the nation of…

Q: The IRS will be likely to collect more tax revenue if O A) businesses hire more undocumented workers…

A: The internal revenue service IRS is responsible for collecting taxes and administering the internal…

Q: Compare and contrast the impact of a minimum wage law vs. a cash transfer program in the labor…

A: A minimum wage law states wage being set above equilibrium level. This causes a decrease in firms'…

Q: Describe the economic reasons why businesses use offshoring.

A: The practice of offshoring involves setting up of a business process to another nation, usually due…

Q: Consider two groups of workers of equal skill level and experience: those who collect garbage and…

A: The 2 group of workers are different in terms of category.Those who collect garbage are unskilled…

Q: Name two factors that explain a decrease in the use of incarceration?

A: Incarceration: In order to protect the people from being hurt by the people who are harming other…

Q: Marvin Anderson was arrested because the police officers felt he lived in the area with a white…

A: Yes I agree because