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it might result in a surplus of supply
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What is a restriction on both workers and producers that keeps the labor market from being a completely free market?
the minimum wage
What are the restriction on both workers and producers that keeps the labor market from being a completely free market?
the minimum wage.
Which is the following limits the freedom of both employers and workers in the labor market?
The existence of a minimum wage.
Which of the following is a restriction on both workers and producers that keeps the labor market from being compleatly free market?
The minimum wage
What was the minimum wage in 1913?
There was no established minimum wage in 1913. The federal minimum wage was established in 1938 under the Fair Labor Standards Act.
Why was minimum wage created?
no slave labor
What is a minimum wage poster?
A minimum wage poster is published by the Department of Labor, either the federal department or individual state labor departments. It is required to be displayed at most workplaces and contains information regarding the minimum wage for employees.
If the minimum wage is set above the market wage the?
Unemployment will rise.
What has the author Masanori Hashimoto written?
Masanori Hashimoto has written: 'The Japanese labor market in a comparative perspective with the United States' -- subject(s): Human capital, Labor market 'Minimum wages and on-the-job training' -- subject(s): Employees, Minimum wage, Training of
What was a minimum wage that also prohibited child labor?
about $11111100
How much was minimum wage in 1950?
From 1 Jan to 24 Jan, the minimum wage in 1950 was $0.75. From 25 Jan and forward, the minimum wage was $1.00.(source: US Department of Labor)
What issue is most likely to concern a labor union?
the knights of labor were worried or concerned that they would not be able to pursue the 8 hour day because the hay market riot was a signal event in early history which made the K.O.L not able to do the 8 hour day.
