History, 21.11.2019 21:31 nidiavega2009

How might a law setting minimum wage below the equilibrium point have an unintended effect? a) the effect might be less demand for workers. b) the law might result in wages lower than the equilibrium wage. c) the actual wages earned by workers might be higher than the equilibrium. d) the equilibrium point might shift upward in response to the minimum wage law.

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How might a law setting minimum wage below the equilibrium point have an unintended effect? a) the...