Why do you suppose economists have found that firms sometimes respond to minimum wage requirements to pay

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Why do you suppose economists have found that firms sometimes respond to minimum wage requirements to pay higher explicit dollar wages by reducing fringe benefits such as premiums for health insurance coverage?

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Economics Today The Micro View

ISBN: 9780135888124

20th Edition

Authors: Roger LeRoy Miller

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Question Posted: Nov 11, 2023 03:44 AM

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Why do you suppose economists have found that firms sometimes respond to minimum wage requirements to pay

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Minimum wage requirements will c...View the full answer

Economics Today The Micro View

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