Essay Available:
Pages:
4 pages/≈1100 words
Sources:
4 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Term Paper
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 20.74
Topic:
The Effects of Minimum Wage From a Microeconomic Perspective
Term Paper Instructions:
Your assignment is to analyze this article using the economic models, theories, and terminology learned in this class in 4 to 5 typewritten pages (APA Format). Original graphs will appreciate your paper. The article must be included with the assignment. One may use only two additional research sources other than the primary article. One source must be your textbook. + please i need an outline first before the 10 days then continue the essay
http://smallbusiness(dot)chron(dot)com/effects-minimum-wage-microeconomic-perspective-4859.html
My textbook is
Image of book cover
Title Economics
Author Stephen L. Slavin
ISBN 0-07-764162-0
Publisher McGraw-Hill/Irwin
Term Paper Sample Content Preview:
Effects of Minimum Wage from a Microeconomic Perspective
Name
Course
College
Tutor
March 19, 2015
Outline
1.0 Introduction ……………………………………………………………………………………….…3
Preamble………………………………………………………………..................................3
Defining Minimum wage ……………………………………………………………………...3
2.0 Effects of Minimum Wage on Businesses………………………………………….…………3-4
Increased Production Costs…………………………………………………………………..3
Reducing Profit Margins……………………………………………………………………….3
Downsizing……………………………………………………………………...………………4
Figure 1: Inelastic Demand for Labor Due To Minimum Wage…………………………...4
3.0 Effects of Minimum Wage on Local Employment…………………………………………......4-6
Decreased employment rate……………………………………………………………….…..4
Low-wage workers get hiked wages……………………………………………………...….4
Some low-wage workers lose job due to downsizing………………………………..……..5
Figure Two: Equilibrium wage where Labor Supply Curve Is Elastic…………………..…6
4.0 Effects Of Minimum Wage On Individuals………………..…………………………………….6-7
Workers experience a boost in income……………………………&helli...
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
You Might Also Like Other Topics Related to minimum wage:
- Literature Review: Policy Findings Report3 pages/≈825 words | 16 Sources | Turabian | Social Sciences | Research Paper |
- STORM Analysis Research Proposal4 pages/≈1100 words | 10 Sources | Turabian | Social Sciences | Research Proposal |
- 505: Annotated Bibliography. Policy selected: Minimum Wage5 pages/≈1375 words | 10 Sources | Turabian | Social Sciences | Annotated Bibliography |
- News Article Review Paper 21 page/≈275 words | 4 Sources | Turabian | Social Sciences | Essay |
- Labor Economics (mod 3 SLP)3 pages/≈825 words | 6 Sources | APA | Mathematics & Economics | Essay |
- Demand For Labor (Mod 3 case)3 pages/≈825 words | 6 Sources | APA | Mathematics & Economics | Essay |
- Immigration reform3 pages/≈825 words | No Sources | MLA | Social Sciences | Essay |