4 ms·
Perhaps an economist can enlighten me: consider two scenarios, one where an owner keeps 90% of the revenue and pays 10% as wages, and a second where they keep 1
by georgeoliver 4y ago
Perhaps an economist can enlighten me: consider two scenarios, one where an owner keeps 90% of the revenue and pays 10% as wages, and a second where they keep 10% of revenue and pay 90%. Under what conditions is it more advantageous (to society as a whole) for one or the other scenario to be true?