Minimum-wage laws are most likely to affect the wages paid to

A. teenagers.

B. union members.

C. people who are self-employed.

D. people with advanced technical training.

Question

Liam Walls

Business

25 March, 08:46

Minimum-wage laws are most likely to affect the wages paid to

A. teenagers.

B. union members.

C. people who are self-employed.

D. people with advanced technical training.

+3

Answers (1)

Know the Answer?

Aditya Melton · Answer 1

A. teenagers.

Explanation:

Minimum wage laws impose a legal minimum amount that employers must pay their workers. Employees should not be paid below the set limit. Low cadre and unskilled workers are the biggest beneficiaries of minimum wage laws. Minimum wage laws do not affect workers already earning higher than the minimum wage.

Teenagers will be considered unskilled workers. Employers are highly unlikely to pay unskilled labor high wages. Unlike union workers, teenagers do not have bargaining power in wage negotiations. Teenagers desperate for work will accept any amount offered. Therefore, the minimum wage laws will most likely apply to them.

Minimum-wage laws are most likely to affect the wages paid toA. teenagers.B. union members.C. people who are self-employed.D. people with advanced technical training.

Minimum-wage laws are most likely to affect the wages paid to

A. teenagers.

B. union members.

C. people who are self-employed.

D. people with advanced technical training.