30 In the labor market, if the government imposes a minimum wage that is below the equilibrium wage, then firms will hire fewer workers than without the minimum wage law some workers may lose their jobs as a result nothing will happen to the wage rate or employment O workers who wish to work at th...

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30. In the labor market, if the government imposes a minimum wage that is below the...

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Posted Date: Nov 01, 2020 07:44 AM

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30. In the labor market, if the government imposes a minimum wage that is below the...

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Microeconomics

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