Question

Which of the following concepts associated with private enterprise is most in conflict with a government imposing a minimum wage?(1 point) Responses Minimum wage is most in conflict with the belief that incentives should not be used in a private enterprise system. Minimum wage is most in conflict with the belief that incentives should not be used in a private enterprise system. Minimum wage most conflicts with the concept of private property in a private enterprise system. Minimum wage most conflicts with the concept of private property in a private enterprise system. Minimum wage most conflicts with the concept of profit in a private enterprise system. Minimum wage most conflicts with the concept of profit in a private enterprise system. Minimum wage most conflicts with the idea that businesses and workers should be able to enter into voluntary agreements for employment.

Answer 1

The concept that minimum wage most conflicts with in a private enterprise system is: **minimum wage most conflicts with the idea that businesses and workers should be able to enter into voluntary agreements for employment.**

This is because imposing a minimum wage can be seen as a regulation that restricts the ability of employers and employees to negotiate their own terms of employment, which is a fundamental aspect of a free market economy.