>If the job is unskilled (i.e. you can train the next person to do it in less than one hour) and you have several people standing in line to take it if the person doing it, quits; then the current wage is clearly enough.
Enough for whom and for what?
For a society with slavery, absolutely. Also for a GULAG.
If that's the environment you want to live in, North Korea is the best country! Everyone is getting wages that are enough.
>It is just like the price of the meal. If it costs more than people are willing to pay, then it is too expensive; regardless of what you personally think it should cost
Yes, meals that people can't afford are too expensive regardless of what you personally think it should cost.
And wages that don't support living are too low regardless of what you personally think is enough.
Enough for whom and for what?
For a society with slavery, absolutely. Also for a GULAG.
If that's the environment you want to live in, North Korea is the best country! Everyone is getting wages that are enough.
>It is just like the price of the meal. If it costs more than people are willing to pay, then it is too expensive; regardless of what you personally think it should cost
Yes, meals that people can't afford are too expensive regardless of what you personally think it should cost.
And wages that don't support living are too low regardless of what you personally think is enough.