Select the Normative Statement That Completes the Following Sentence: If

question 29

Multiple Choice

Select the normative statement that completes the following sentence: If the minimum wage is raised:

• A) cost per unit of output will rise.
• B) workers will gain their rightful share of total income.
• C) the rate of inflation will increase.
• D) profits will fall.

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Definitions:

Disclosed

Information that has been made known or revealed, typically in the context of financial documentation or business operations.

Reportable Segments

Refers to components of an enterprise about which separate financial information is available and evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance.