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Lecture

Q5 Minimum Wage (Medium)

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Department
Economics
Course
ECO100Y1
Professor
All Professors
Semester
Fall

Description
Minimum Wage (Medium) In the figure above, the shift from D0 to D1 could be the result of a) imposing a minimum wage of $4.00. b) imposing a minimum wage of $5.00. c) introducing labor-saving technology. d) retraining workers. In the figure above, D0 is the demand for labor cur
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