an increase in the minimum wage can be expected to cause: 1-surplus of labor 2-shortage of labor 3-shift in the labor supply curve 4-shift in the labor demand curve
an increase in the minimum wage can be expected to cause: 1-surplus of labor 2-shortage of labor 3-shift in the labor supply curve 4-shift in the labor demand curve
Chapter4: Demand, Supply, And Markets
Section: Chapter Questions
Problem 7.15P
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an increase in the minimum wage can be expected to cause:
1-surplus of labor
2-shortage of labor
3-shift in the labor supply curve
4-shift in the labor demand curve
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