Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $257
supply
price floor
Hourly Wage (dollars)
equilibrium price
demand
9 16 28
Number of Workers
O A
• B.
9
12
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Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.