10. If the minimum wage is set above the equilibrium wage rate, then other things being equal: A. There will be equilibr

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

10. If the minimum wage is set above the equilibrium wage rate, then other things being equal: A. There will be equilibr

Post by answerhappygod »

10 If The Minimum Wage Is Set Above The Equilibrium Wage Rate Then Other Things Being Equal A There Will Be Equilibr 1
10 If The Minimum Wage Is Set Above The Equilibrium Wage Rate Then Other Things Being Equal A There Will Be Equilibr 1 (12.61 KiB) Viewed 14 times
10. If the minimum wage is set above the equilibrium wage rate, then other things being equal: A. There will be equilibrium in the labour market B. There will excess demand in the labour market C. There will be excess supply in the labour market D. More people will be employed
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply