Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 17 Jan 2018 My Price 5.00

burger flippers

Suppose that the demand for burger flippers at fast-food restaurants in a small city is LD = 300 – 20W, where L = the number of burger flippers and W = the wage in dollars per hour. The equilibrium wage is $4 per hour, but the government puts in place a minimum wage of $5 per hour.

a. How does the minimum wage affect employment in these fast-food restaurants? Draw a graph to show what has happened, and estimate the effects on employment in the fast-food sector.

b. Suppose that in the city above, there is an uncovered sector where LS = -100 + 80W and LD = 300 – 20W, before the minimum wage is put in place. Suppose that all the workers who lose their jobs as burger flippers due to the introduction of the minimum wage seek work in the uncovered sector. What happens to wages and employment in that sector? Draw a graph to show what happens, and analyze the effects on both wages and employment in the uncovered sector.

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Jan 2018 09:01 PM My Price 5.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------acq-----------uis-----------iti-----------on -----------of -----------my -----------pos-----------ted----------- so-----------lut-----------ion-----------.Pl-----------eas-----------e p-----------ing----------- me----------- on-----------cha-----------t I----------- am----------- on-----------lin-----------e o-----------r i-----------nbo-----------x m-----------e a----------- me-----------ssa-----------ge -----------I w-----------ill----------- be-----------

Not Rated(0)