Jeff owns a coffee shop near a commercial zone. He used to pay $10 per hour to his employees. During the last year he opened three coffee shops in that same area. He could afford to do so because of the low wages. However, Jeff is now paying $15 per hour to his employees. Answer the following questions based on the supply and demand schedule of labor. Questions: 1: Who creates the demand for coffee shops? Who creates the demand for coffee shop employees? 2: Who controls the supply for coffee shops and based on what factors? 3: What happens to the number of coffee shops if the wage increases? What happens to the demand for employees for the coffee shops? 4: What happens if Jeff refuses to pay the equilibrium wage for coffee shop employees? 5: At what wage rate will there be excess labor supplied in the market? 6: At what wage there will be excess quantity demanded of laborers in the labor market?

As part of a hiring process, codex marketing company conducts an internet search to discover what a job candidate has posted. to codex, this act should present

Alandlord rented an art studio to an artist. under the terms of the signed, written, two-year lease, the artist agreed to pay the landlord $1,000 per month and to assume responsibility for all necessary repairs. after the first year of the lease, the artist assigned the balance of his lease to a sculptor. the landlord approved the sculptor as a tenant and accepted two rent payments from her, and then the landlord sold the building to an investor. the sculptor had made two payments to the investor when an electrical fire broke out in the studio, injuring the sculptor. the fire was caused by faulty wiring. the landlord was aware that there was a dangerous wiring problem when he leased the property to the artist. but when the landlord discovered how costly repairs would be, he decided it would be more profitable to sell the property than to repair it. the problem was not easily discoverable by anyone other than an expert electrician, and the landlord did not tell the artist, the sculptor, or the investor about the problem. the sculptor sues to recover damages for her injuries. from whom can the sculptor recover?

Because the demand for wheat tends to be inelastic. true or false