How do wages and prices, if they are allowed to vary in response to market forces, compensate
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How do wages and prices, if they are allowed to vary in response to market forces, compensate for absolute disadvantages? What would wage and price floors do to the well-being of the lowest quality (absolutely most disadvantaged) resources available for sale?
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W ages and prices if allowed to vary in response to market forces can help to compensate for absolut...View the full answer
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