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 Who benefits in a)? Explain. 2 Marks Who benefits in b)7 Explain. 2 Marks
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