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What sets wages in the workplace?
euqalibrium
Who sets the minimum wage?
Government, via legislation.
group of protesters demand that the government end a policy that sets a minimum wage for workers. They claim that companies?
church leaders opposed galileo's ideas because they were different from religious teachings
How does minimum wage reduce poverty?
Employers can't pay wages that are too low to sustain the workers life. A minimum wage helps ensure that employers have to pay wages that allow employees to pay the cost of living Minimum wage laws also have a negative effect at times, in that it sets a low pay scale which employers can pay rather than letting the marketplace set rates according to the cost of living in certain areas.
Who sets the amount a citizen will earn for performing a particular job?
It depends on the country in question's particular economic system. In capitalism, wages are set by negotiation between the laborer and the company which he serves. In many cases, especially as concerns lower-level employees, the negotiation is strictly unidirectional, meaning that the employer gives a firm offer and the employee can only accept or reject that offer.
What is the starting wage for Cashiers at McDonald's Restaurant?
This will depend on the location. Each McDonald's sets its own wages. In many areas, cashiers start out at or near the federal minimum wage (currently $5.85 per hour.) Some states have higher minimum wages. For example, the minimum wage in Washington is $7.93 per hour, so cashiers will make at least that much. In other areas, the cost of living is higher, or employees are harder to find, so McDonald's pays more than the minimum wage.
Is minimum wage a price floor?
A minimum wage could be considered a price floor because it sets a wage floor on the price of labour. Since labour is an important factor of production, and price reflects the cost of production, then higher wages correspond to higher prices if there are no productivity gains.
When the government sets a price floor on earnings it is called what?
Minimum wage.
What is it called when the government sets a price on earnings?
Minimum wage.
What is the minimum age requirement for Eponer?
Eponer is a porn website. The legal age for watching porn differs from country to country but is generally 18 years old (though some countries set the age to 21). Most likely, Eponer sets its minimum age requirement at 18 years old.
What is required on a Japanese postage stamp?
The International Postal Union sets standards for stamps to be used on international mail. At a minimum the stamp must have the name of the country and a value on it. The country may specify their own standards in addition to these.
The 26th Amendment to the Constitution sets the minimum voting age at?
18
