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The government of Filvia has mandated that the standard minimum wage in the country be increased to $8,000 per year. Which of the following factors in a firm's general environment does this mandate best indicate?
Consumer Goods
Products and services that are consumed or used by individuals, as opposed to those purchased by businesses or industries.
Technological Improvements
Enhancements and innovations in technology that increase productivity, efficiency, or value in processes or products.
Additional Resources
Refers to extra assets or inputs available that can be used to enhance the production or efficiency of something.
Investment
Allocating resources, usually money, with the expectation of generating an income or profit.
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