Cole is a minimum wage employee in Santa Fe, NM, where the minimum wage is $10.91 per hour. His employer claims that since the federal minimum wage is $7.25 per hour, Cole should only receive the federal amount. What is the correct answer in this situation?
A) The employer has the discretion to pay either the federal or the state-designated minimum wage.
B) The employer may choose to pay less than the state-designated minimum wage, based on the employee's qualifications and job description.
C) The employer is correct that the federal minimum wage overrules the state wage.
D) The employer must pay the state-designated minimum wage for the area.
D) The employer must pay the state-designated minimum wage for the area.
You might also like to view...
Which of the following formats has only two response options?
A) the twins format B) the two response format C) the bi-dual format D) the two choice format E) dual-choice format
Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & PaidYear 1$0Year 2$6,000Year 3$32,000The amount of dividends paid to preferred and common shareholders in Year 2 is:
A. $4,200 preferred; $1,800 common. B. $3,500 preferred; $2,500 common. C. $6,000 preferred; $0 common. D. $0 preferred; $6,000 common. E. $3,000 preferred; $3,000 common.
A local union may represent all of the following except:
A. Many workers from a single workplace. B. Workers in a single occupation from several workplaces. C. Multiple occupations in multiple workplaces. D. Workers in a single occupation already represented by an industry union.
If Wilson Sporting Goods faces a standard demand curve that exists for most products, as it raises the price of its tennis rackets, the
A. quantity demanded goes down. B. demand remains constant. C. quantity demanded increases. D. demand increases. E. breakeven increases.