Figure 19-6 
-Refer to Figure 19-6. Given demand, D1, and supply, S2, how much more do the workers with jobs earn per hour if a minimum wage of $8 per hour is imposed on this market?
Definitions:
Moderate Success
Achieving some level of achievement or progress that is considered satisfactory but not outstanding.
Strategic Mistakes
Errors in judgment or poor decision-making in planning and implementing strategies that negatively impact an organization's success.
Entrepreneurs
Individuals who initiate, manage, and assume the risks of a business or enterprise.
High-potential Ventures
Businesses or projects characterized by their significant growth potential and capability to yield substantial returns on investment.
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