Multiple Choice
In Ancient Egypt, the "Bronze Law" set maximum prices for wages, preventing them from rising above what rulers perceived as the minimum needed to survive. If this was 10¢ a day for a porter (someone who carries things short distances) and the market wage was 8¢ a day, which of the following would be a plausible consequence of this law?
A) Porters would travel less quickly than they otherwise would.
B) Porters would transport items they normally would not.
C) Unemployment for porters would decrease.
D) Nothing unusual would happen.
Correct Answer:
Verified
Correct Answer:
Verified
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