Business, 30.10.2020 17:50 andrew2217
A state imposes a minimum wage of $10 per hour when the equilibrium price is $7. The resulting labor surplus is greater in the long run than in the short run: long-run unemployment (LR) is greater than short-run unemployment (SR). Why does this occur
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A state imposes a minimum wage of $10 per hour when the equilibrium price is $7. The resulting labor...
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