When the Minimum Wage Is Raised,the ________ Union Labor ________

question 210

Multiple Choice

When the minimum wage is raised,the ________ union labor ________.

• A) demand for; increases
• B) demand for; decreases
• C) supply of; increases
• D) supply of; decreases
• E) demand for; does not change

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Definitions:

Original Duty

The fundamental obligation or responsibility that a party has in a contractual or legal relationship.

Enforce

To compel obedience or compliance through legal or authoritative means; to ensure the fulfillment of a requirement.

Give Consideration

In contract law, the act of offering something of value, required by both parties for a contract to be legally binding.

Promissory Estoppel

A legal principle that prevents a person from going back on a promise even when a legal contract does not exist.