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Responses Regarding Minimum Wages

回应文章代写 I get your support for minimum wage, and you seem to suggest that is long overdue. You have pointed out how inflation has affected the standard ···

To Brittany Skidmore

I get your support for minimum wage, and you seem to suggest that is long overdue. You have pointed out how inflation has affected the standard of living while employers continue to exploit them. However, what you have not considered is the economics behind federal intervention in introducing minimum wage. I will create a context on which minimum wage is based and should be derived.

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The minimum wage is government intervention in labor market. Like any other market, there are natural forces of demand and supply. Workers are the suppliers while firms are the demand. The minimum wage is an increase in price of labor. According to the law of demand, the higher the prices, the lower the demand and vice versa. Workers will be willing to offer their services, but firms will not be ready to higher more to lower operational costs.

Nevertheless, the minimum wage is not only necessary but expedient (Coppola, 2014). Naturally, business people are guided by self-interests, and greediness for wealth can pay little for labor as long it is available. That where government intervention is needed; to keep business owners on check for the welfare of workers.

Word count: 191


译文:

Brittany Skidmore  回应文章代写

我得到你对最低工资的支持,你似乎认为这是早就应该的。您已经指出,当雇主继续剥削他们时,通货膨胀如何影响生活水平。但是,您没有考虑的是联邦干预引入最低工资背后的经济学。我将创建一个最低工资所基于的背景,并且应该推导出最低工资。

最低工资是政府对劳动力市场的干预。与任何其他市场一样,存在需求和供应的自然力量。工人是供应者,而企业是需求。最低工资是劳动力价格的上涨。根据需求定律,价格越高,需求越低,反之亦然。工人将愿意提供他们的服务,但公司不会准备好提高更多以降低运营成本。

尽管如此,最低工资不仅是必要的,而且是权宜之计(Coppola,2014 年)。生意人自然是以自身利益为导向,贪财贪财,只要有劳力,就付出不了多少。需要政府干预的地方;让企业主检查工人的福利。

字数:191


References  回应文章代写

Coppola, F. (2014). Why we need a minimum wage. Forbes. Retrieved from https://www.forbes.com/sites/francescoppola/2014/01/13/why-we-need-a-minimum-wage/#385effa4380b

To Linnea Axengren

You have an insightful view on the economic effect of an increase in minimum wage. A rise in minimum wage will indeed result from increases in the supply of labor lower in its demand. Thus, there will be labor surplus in the market-leading to unemployment. However, this is not the only rationale for government intervention in labor market.

The government seeks to protect those paid below a certain level to help them have sustainable life (Gershon, 2015). Labor market when left to function naturally can lead to proletarian and bourgeoise conditions. In absence of regulations and high unemployment firms tend to pay less. Firms will always want to produce at lowest costs available. Because labor is mostly at higher supply in many fields, workers can be forced to work little wages not to be unemployed.

Word Count: 137


译文:

至 Linnea Axengren 回应文章代写

您对提高最低工资的经济影响有深刻见解。 最低工资的提高确实是由于劳动力供应增加而低于需求。 这样,市场就会出现劳动力过剩,导致失业。 然而,这并不是政府干预劳动力市场的唯一理由。

政府寻求保护收入低于一定水平的人,以帮助他们过上可持续的生活(Gershon,2015 年)。 如果任其自然运转,劳动力市场会导致无产阶级和资产阶级状况。 在缺乏法规和高失业率的情况下,公司往往支付较少的费用。 企业总是希望以可用的最低成本进行生产。 由于劳动力在许多领域的供应量大多较高,因此工人可能被迫工作很少的工资以免失业。

字数:137


References  回应文章代写

Gershon, L. (2015). Six hundred years of government intervention in the labor markets. Retrieved from https://daily.jstor.org/six-hundred-years-of-government-intervention-in-the-labor-markets/

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