Tinker’s 2011 cost of goods sold was $750,000 and 2010 cost of goods sold was $770,000. The inventory at the…
September 29, 2021Data Stewardship
September 29, 2021
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Under pressure from lobbying groups, the President of a newly-independent country implements a minimum wage of $6/hour. The eq’m wage is currently $7/hour, eq’m Q of labor is 35 hours. Using generic QLS and QLD labels (if necessary), show what is going on in this economy after the minimum wage goes into effect. How much unemployment results?
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