Minimum wage laws have little or no effect in this segment
a. Low-skilled Labor
b. Teenagers
c. Highly skilled workers
d. Unemployed workers
c
Economics
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Which of the following describes a tying contract?
a. The seller of one product requires the buyer to purchase some other product(s). b. One firm buys the stock of a competing firm. c. The directors of one company serve on the board of directors of another company in the same industry. d. An agreement between a manufacturer and a retailer based on the condition that the retailer is not to carry any rival products of the manufacturer.
Economics
Which of the following functions of money enables society to gain the benefits of geographic and labor specialization?
A. store of value B. unit of account C. medium of deferred payment D. medium of exchange
Economics