Professional Documents
Culture Documents
琰宸经济学作业
琰宸经济学作业
琰宸经济学作业
https://www.foxbusiness.com/economy/rise-in-minimum-wage-leads-to-job-
losses-study-finds
Commentary: This news article reflects the concept of the law of demand in
Microeconomics, which states that as the price of a good (in this case, labor)
increases, the quantity demanded will decrease. The study found that the rise
wage expenses. This highlights the trade-off between wage increases and
https://www.cnbc.com/2023/02/06/tesla-posts-record-breaking-sales-for-its-
electric-cars.html
price. The record breaking sales for Tesla's electric cars indicate that despite
there is still strong demand for them. This could be due to a variety of factors
online-shopping-leads-decrease-foot-traffic-traditional-retail-stores-2023-02-
06
traffic for traditional retail stores, as consumers are opting for the convenience
adapt to compete with the growing online market. This serves as a reminder
of how market structure can change and evolve over time in response to