One effect of a minimum wage in the market for low-skilled labor is a a. surplus of low-skilled labor.
b. an increase in demand for low-skilled labor.
c. no effect in the market for low-skilled labor.
d. a shortage of low-skilled labor.

What do economists mean when they use the latin expression ceteris paribus?

Overspeculation and a decrease in consumer confidence are both leading factors of: ?

Greenway industries is a major multinational conglomerate. its business units compete in a range of industries, including home appliances, pharmaceuticals, commercial real estate, and plastics manufacturing. although its largest business unit, which produces kitchen appliances, is among the most profitable in the industry, it generates only 35 percent of the company's revenues. which of the following is most likely true of greenway's stock price? a. it is valued at less than the sum of its individual business units. b. it is valued at greater than the sum of individual business units. c. it is valued at the exact sum of individual business units. d. it is consistently lower than the industry average.it is valued at greater than the sum of individual business units.