Why does economic theory imply that the most harmful effects of the minimum wage law will fall

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Why does economic theory imply that the most harmful effects of the minimum wage law will fall on the most disadvantaged and least productive workers?

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Microeconomics Theory and Applications

ISBN: 978-1118758878

12th edition

Authors: Edgar K. Browning, Mark A. Zupan

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Question Posted: Nov 14, 2014 08:29 AM

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Why does economic theory imply that the most harmful effects of the minimum wage law will fall

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A worker will not be hired unless the expected value of marginal product ...View the full answer

Microeconomics Theory and Applications

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