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Oh my god. So this is what economics sounds like without vicious insults and degredations of my character.... I never knew...
narutosramenbuddy 1 month ago
THANKS! YOU'RE GREAT :D
annapotato1177 5 months ago
This has been flagged as spam show
"'If there is no minimum wage, what is there to stop corporations to short-change their employees and pay them close to nothing for their work?'
The same thing that stops them from paying everyone MW and no more right now: supply and demand.
If the supply curve shifts to the right demand STAYS WHERE IT IS! It's the EQUILIBRIUM PRICE between supply and demand that drops, but EQUILIBRIUM QUANTITY INCREASES.MORE are sold at a LOWER price!!!"
as told by shanedk
headlessmonkey4all 5 months ago
This is so helpful! Thank you :D
IndianCookie25 6 months ago
This was really helpful.
hopekaylan 8 months ago
thanks!
authorkarinrochelle 10 months ago
Comment removed
authorkarinrochelle 10 months ago
Thank you but I have a question: If the supply shifts to the left, does it mean the quantity supplied will decrease and quantity demanded will increase thus the price is gonna go up?
Please comment
MrDalerP 1 year ago
Thank you - very clear
EconMBAStudent 1 year ago
I have a question for my class.... whats the difference between these equations?
Qd=50-5P , Qs=-10+5P
and
P=10-.2Qd , P=2+.2Qs ... If anyone know this, please get back to me asap, thanks alot
biker52977 1 year ago
Thank you!
mik3anthon3y 1 year ago