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Q: What would happen if a firm decided to pay less than the going market wage rate?
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Continue Learning about Economics

What would happen if the Fed sells 5 billion worth of treasury bonds on the open market?

The money supply would stay the same because no new money would be created.


Why would a firm in a perfectly competitive market always choose to set its price equal to the current market price?

Because if it set its price higher than the current market price, it would not sell anything; and if it set its price lower than the current price, it would sell all of its product, but it would not make an economic profit. Understand, however, that this does not happen in real life, because in real life, there is no such thing as a perfectly competitive market.


What would happen if there was a stock market crash?

A stock market crash is a sudden dramatic decline of stock prices across a significant cross section of a stock market, which results in a significant loss of wealth. Crashes are driven as much by panic as other underlying features.


What will happen to market price if demand decrease?

If the demand decreases, market price would go down. IN DETAIL: Demand is a rightward sloping downwards curve. Supply is a rightwards ascending curve. If you plot a graph of both, where the horizontal axis shows the quantity demanded by the market, and vertical axis shows the market price, the intersection of the demand and supply curve would give you the market price. A decrease in demand would mean a leftward shift in the demand curve, causing the intersection point of of the two curves to be lower than the previous one, which means at a point that shows a lower price. So the market price would decrease.


Why is land market not a perfect market?

because it would be better in the sky

Related questions

Who decided what would happen to the woman in China's history?

the Chinese government


What speak to go in market?

Depending on the market you are going to. If you are going to the Asian Market you will need to speak English and it would be helpful if you spoke Chinese as well. If you go to the Spanish market it would be helpful if you spoke Spanish and English.


How do you say today you are going to the market in Spanish?

Hoy VA al mercado. - Today you are going to the market. Hoy voy al mercado. - Today I am going to the market.


Is Portal 2 going to have a demo?

No. That would not happen since its been on the market for a long time now. Plus just go buy the game it is really fun


What would happen if you salvaged the Titanic?

It has been decided not to salvage the wreck because it would not survive the resurfacing.


What would happen to the money market if the US did not honor its bonds?

It would probably crash


What is target maket?

A target market is who a company has decided to aim its marketing resources at. essentially the target market would be who the company wants to buy the product its selling.


How would you use tenable in a sentence?

The idea was tenable so they decided to try to make it happen.


Did the government know what was going to happen on 9 11?

No. Had the government known what was going to happen, the government would have prevented it from happening.


Who decided what news would be announced in World War 2?

Neville Chamberlain decided to tell the world that the world was going to world with Germany.


What would happen if someone ate your nose off?

Then there would be two small holes in you face. But that is not going to happen!


What would happen if you nuked the sun?

nothing would happen, the sun is constantly going through nuclear reactions