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Detlef,who was shopping in a store,was approached by two security guards who asked him to accompany them to a back room "to see the manager." When he asked the purpose for the request,he was told that he was "under suspicion." Detlef complied with the request because he wanted to avoid a public spectacle.He will not be able to successfully sue the security guards or the store unless he proves that someone,at some point,made physical contact with him.
Hourly Wages
The amount of money paid to an employee for one hour of work.
Income Effect
Variations in the income levels of individuals or economies and the resultant effects on the demand for goods or services.
Substitution Effect
The economic understanding that as prices rise or incomes decrease consumers will replace more expensive items with less costly alternatives.
Hourly Wages
The amount of earnings paid to an employee for each hour worked.
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