subject
Business, 11.11.2019 18:31 vicsmi4573

One year ago, seattle increased its minimum wage to $10.35 per hour, much higher than the current federal minimum wage of $7.35 per hour. since the increase was passed, 5,000 jobs have been lost in the seattle metropolitan area. most of the jobs that were lost were low wage positions in the fast food industry. this examples shows that the federal minimum wage should not be raised, because it will cause low wage jobs to be lost across the board.

which of the following is not a reason to question the author’s conclusion?

a. the borders of the seattle metropolitan area can be defined in different ways, and the number of jobs lost varies depending on the definition
b. when surveyed, the owners of fast food restaurants stated that a nationwide trend towards healthier eating was causing an industry-wide decline in sales in the fast food industry
c. two years ago, one national fast food chain decided to gradually decrease its subsidies for franchise owners in the seattle area
d. jobs in the fast food industry are not considered to be representative of low wage jobs in general
e. as a result of the higher minimum wage, some fast food restaurants in seattle became unprofitable and had to shut down

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
question
Business, 22.06.2019 20:00
Assume the perpetual inventory method is used. 1) the company purchased $12,500 of merchandise on account under terms 2/10, n/30. 2) the company returned $1,200 of merchandise to the supplier before payment was made. 3) the liability was paid within the discount period. 4) all of the merchandise purchased was sold for $18,800 cash. what effect will the return of merchandise to the supplier have on the accounting equation?
Answers: 2
question
Business, 22.06.2019 23:00
Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers
Answers: 1
question
Business, 22.06.2019 23:30
An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:
Answers: 1
You know the right answer?
One year ago, seattle increased its minimum wage to $10.35 per hour, much higher than the current fe...
Questions
question
English, 14.12.2020 22:40
question
Biology, 14.12.2020 22:40
question
English, 14.12.2020 22:40
Questions on the website: 13722367