Question: Answer the question please you don't have to show graphically AS 1/5 OF YOUR FINAL . 1) Many economists are against the minimum wage law.

Answer the question please you don't have to show graphically AS

Answer the question please you don't have to show graphically

AS 1/5 OF YOUR FINAL . 1) Many economists are against the minimum wage law. Show GRAPHICALLY why a legal minimum wage set ABOVE equilibrium may lead to unemployment. How does the elasticity of demand help to determine the extent of this unemployment? Can people who earn low wages be helped in ways that will not lead to unemployment

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