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Yes, according to the standard model of the labour market, an introduction of a minimum wage above the market clearing wage rate will cause an excess of labour in the market. This model assumes conditions...

The Design Argument for the existence of God suggests that, due to the unexplainable complexity of the world around us, there must have been an intelligent 'designer' who created it. The argument is well ...

y = 4x³ - 7x -10The gradient of the function at any point can be found using its derivative:dy/dx = 12x² - 7The gradient of the function, m₁, at (2,8) is equal to the grad...

Interest is the return you get on savings or an investment. Normal interest is when you earn a fixed percentage amount per year on an initial amount. For example an interest rate of 5% on £100 would give ...

Benzenes bonding consists of sideways overlap of PI bonds between carbons in the ring. due to the extensive overlapping and the PI bond not being held between two atoms the electrons are said to be deloca...