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This is really for Economics but... How are wages affected by the market?
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27 votes
27 votes
This is really for Economics but...

How are wages affected by the market?

User Hatem
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2 Answers

18 votes
18 votes

Answer:

Economists argued that wages are determined by demand and supply.They called it the theory of wage determination They said The price of labor is determined in the free market like every other price by intersection,Supply and demand.

Explanation: that took me a moment to think that out for it to be understandable so it doesn't disorient you

User Shon
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3.3k points
19 votes
19 votes

Answer:

They could help give stock to the store/s that's using them. Or, they are the ones getting money for the produce or business, but it helps them get more and more resources for their store.

Step-by-step explanation:

User Lucas Jones
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