Ask Question
8 December, 15:54

Explain how a wage increase in a particular industry affects the welfare generated by that industry

+5
Answers (1)
  1. 8 December, 16:12
    0
    A wage increase may increase incentives to take jobs, as opposed to methods of transferring funds which are not tied to employment, such as welfare payments for the unemployed.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Explain how a wage increase in a particular industry affects the welfare generated by that industry ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers