Explain the effects of the minimum wage on the workers surplus, the firms surplus, and the efficiency

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Explain the effects of the minimum wage on the workers’ surplus, the firms’ surplus, and the efficiency of the market for low-skilled workers.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 07:04 AM

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Explain the effects of the minimum wage on the workers surplus, the firms surplus, and the efficiency

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Microeconomics

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