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28 Sep 2019
Suppose that an effective minimum wage law is introduced into some, but not all, firms in a perfectly competitive market. It is expected that employment in the covered sector will:
A.
rise.
B.
fall.
C.
remain unchanged.
D.
change in an unpredictable manner.
Suppose that an effective minimum wage law is introduced into some, but not all, firms in a perfectly competitive market. It is expected that employment in the covered sector will:
A. |
rise. |
|
B. |
fall. |
|
C. |
remain unchanged. |
|
D. |
change in an unpredictable manner. |
Joshua StredderLv10
28 Sep 2019
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