asked 60.1k views
2 votes
Which of the following best explains why all goals cannot be met in economics

asked
User Mironych
by
7.2k points

1 Answer

1 vote

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.

Explanation:

answered
User Kmcnamee
by
7.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.