Question: Minimum-wage laws - holding all else equal - cause _________ in otherwise competitive, unregulated labor markets. Minimum-wage laws - holding all else equal - cause

Minimum-wage laws - holding all else equal - cause _________ in otherwise competitive, unregulated labor markets. Minimum-wage laws - holding all else equal - cause _________ in otherwise competitive, unregulated labor markets. a shortage of labor no change in the the market quantity of labor (i.e., the number of people employed) an increase in the demand for labor. a surplus of labor (i.e., unemployment)

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