--%>
Assignment Help - homework help

Minimum wage laws for unskilled and skilled workers

The capability of unskilled workers to compete against skilled workers for jobs tends to be decreased by: (1) progressive income taxes. (2) laws which impose excessive legal minimum wages. (3) speculation and arbitrage. (d) inflationary balance of trade deficits. (5) entrepreneurs’ needs for profits.

Hello guys I want your advice. Please recommend some views for above economics problems.

   Related Questions in Microeconomics

  • Q : Determine demand over the relevant

    Predictions which higher gasoline prices will increase total spending on gas imply such as the demand over the relevant price range that is: (w) unlimited. (x) relatively price elastic. (y) unitarily price elastic. (z) relatively price inelastic.

    		•
  • Q : Profit Maximization-Labor Markets

    When after hiring the very last worker, the organization’s profit is similar as it was prior to the last worker was hired, the firm must: (1) Hire more workers to raise the profit. (2) Layoff several workers to raise gain. (3) Not hire any more workers. (4) Shut

    		•
  • Q : Implicit costs incurred by the firm I

    I have a problem in economics on implicit costs incurred by the firm. Please help me in the following question. Each and every implicit cost incurred by the firm are: (1) Opportunity costs for the owner-supplied resources. (2) Explicit costs of each a

    		•
  • Q : Adverse Selection example Can someone

    Can someone please help me in finding out the accurate answer from the following question. The car dealer never proposed to honor a guarantee on a utilized car, providing an illustration of: (1) Moral hazard. (2) Economic dishonesty. (3) Price discrimination. (4) Mark

    		•
  • Q : Principle of equal marginal utilities

    The thought that, in equilibrium, the more you pay for the good, more it is worth (that is, at the margin) to you is most intimately associated to the: (1) Law of diminishing returns. (2) Equivalent satisfaction corollary. (3) Veblen effect. (4) Rising cost hypothesis

    		•
  • Q : Determine demand and supply when

    If, throughout a period while video iPods are gaining popularity, the technology to create them enhances, in that case demand: (w) and supply would both decrease. (x) and supply would both increase.  (y) increases when supply decreases. (z) decreases when supply

    		•
  • Q : .. Within a graph along with output on

    Within a graph along with output on the horizontal axis and whole revenue on the vertical axis, determine the shape of the total revenue curve for a perfectly competitive seller: w) U-shaped. x) inverted U-shaped. y) a horizontal line. z) a ray from the origin.

    		•
  • Q : Oligopolistic markets in equilibrium

    Oligopolistic markets in equilibrium are described by: (w) a large number of sellers of homogeneous output. (x) monopolistic sellers dealing along with only some buyers. (y) a small number of sellers of close substitutes. (z) socially optimal amounts

    		•
  • Q : Spending on rail safety ‘How be

    ‘How be supposed to the government decide whether to spend in additional rail safety measures?’

    		•
  • Q : Complements for good Can someone help

    Can someone help me in finding out the right answer from the given options. Price hikes outcome less substitution away from a good the more: (i) Close substitutes there are for good. (ii) Various uses there are to which the good was place at lower price. (iii) Extende

    		•