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A minimum wage ofr salary or over the minimum wage.
A good that is over-consumed if left to the market
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Over-reliance on wages can lead to financial instability, as individuals may struggle to manage unexpected expenses without savings or alternative income sources. It can also foster a lack of diversification in income streams, making individuals vulnerable to job loss or economic downturns. Additionally, this dependency can result in decreased motivation for personal development or entrepreneurship, limiting long-term financial growth and resilience.
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wages are variable cost reason being is that wages are being used over and over again and does not remain constant.
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Northland events entry level salary/wages vary... If you show your drive, dedication, and desire there is a chance you can own your own office and make some big bucks... if you are the type of person who has no work ethic and wants to be just an employee, no sense applying.... I worked there for just over a year and now I own my own business, I am 22... I love what I do and wouldn't trade it for the world, though this job is not for everyone.
What are the dangers of over reliance on wages
The word 'salary' has its origins in ancient Rome, where soldiers were paid their wages in salt, known as "salarium" from the Latin word "sal" for salt. Over time, the term evolved to refer to any regular payment to individuals for their work.
You can't but you can go over and play tournaments with player that go over the salary cap
The average salary has increased over time when comparing then to now.