gchippewa81
gchippewa81 gchippewa81
  • 25-03-2019
  • Mathematics
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Which of the following best explains why all goals cannot be met in economics

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nitrotype2000
nitrotype2000 nitrotype2000
  • 25-03-2019

Answer: The short answer is that some goals are simply incompatible with each other, like the law in Colorado that raised the minimum wage. That's great for the employees, bad for the employers. Employers, like employees, want to make money and stay in business. The more money each employer has to pay their employees, the higher the prices for certain goods go for that business to stay open.

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