Solved

The Government of Filvia Has Mandated That the Standard Minimum

Question 60

Multiple Choice

The government of Filvia has mandated that the standard minimum wage in the country be increased to $8,000 per year.This has ensured that all firms in the country pay their employees at least $8,000 per year,which has brought about a higher standard of living for the people of Filvia.Which of the following factors in a firm's general environment does this mandate best indicate?


A) ecological factors
B) sociocultural factors
C) technological factors
D) legal factors

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions