Question: a. Explain why wage rates increase when demand for labour increases. 3 Marks b. Explain why wages rates increase when minimum wages legislation is introduced.

a. Explain why wage rates increase when demand for labour increases. 3 Marks

b. Explain why wages rates increase when minimum wages legislation is introduced. 3 Marks

  1. Who benefits in a)? Explain. 2 Marks
  2. Who benefits in b)? Explain. 2 Marks

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