Social Studies, 09.11.2020 20:30 Diego5140
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
Answers: 3
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How might a law setting minimum wage below the equilibrium point have an unintended effect?
A) The...
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