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producers would supply less than consumers would be willing to consume at that particular price. There would be SHORTAGE
Would it be horizontal
It depends on the suppliers base line supply protocol (basically how many as a minimum they are prepared to sell at what price line) and the volume you would see as your purchase
If a business has to pay more for each person, there are less people that they can afford to hire. This leads to greater unemployment. <><> A mandated minimum wage would require employers to pay more for low-skilled or inexperienced workers than they are worth to employers in terms of productivity - the only terms that matter. Rather than employ any low skill worker, I will employ mid- or high-skill workers at market wages, leaving the young, inexperienced, and under educated unemployed. In the US that is EXACTLY what happens: young workers, especially Black youth are unemployable at minimum wage
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Firms employ fewer workers than they would at the equilibrium wage.
producers would supply less than consumers would be willing to consume at that particular price. There would be SHORTAGE
i would employ a striper
the anwer is between 1500 - 2000 people every year across the merseyside alone
If there were no producers, there would be no consumers, and life would not exist.
an Informal business is a business that doesn't pay tax, doesn't employ workers, doesn't own a working site (office). a Formal business does pay tax, does normally employ workers, has a logo and an office (working site). an Example of an informal business would be: hawkers, selling apples on the side of the road, squatters and small spas shops. An example of a formal business would be: Woolworth s, spar, ect
All producers would die out and eventually so would all organisms.
Hospital employ hundreds of different workers for all sorts of tasks. The most commonly employed would be nurses, technicians, pharmacists, as well as custodial services. Most hospitals are also in need of a large number of administrative workers.
Would it be horizontal
Without producers, consumers would not exist.
Contestants are chosen through an audition process where all eligible and willing would-be contestants interview the show's producers. They have 15-20 seconds to state their name, occupation, and where they're from. After the interviews are finished, the producers choose the best 9 people to be called down as contestants.
Becuase the comsumers would starve if there were more of them then producers