South Africa has an unemployment rate of around 32.6% (using the narrow definition) and 43.2% (using the broad definition). Using market supply and market demand curves describe how the market will react to the
introduction of statutory minimum wage. Indicate what the likely effect would be on the unemployment
situation in South Africa.

The activity of providing goods and services involving financial and commercial and industrial aspects.

Henry m. leland (1843-1932), president of cadillac motor carcompany in 1908, known as a master of precision frederick bennett, the british agent for cadillac motor carcompany who convinced the royal automobile club to runthe standardization test at brooklands, england henry ford (1863-1947), founder of ford motor company whointroduced the moving assembly line into the automobileindustry in 1913