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Other Fields Homework Help Economics Topic started by: whitedreamerz on Sep 26, 2022



Title: For a legislated minimum wage to be binding in a competitive labour market, it must be set
Post by: whitedreamerz on Sep 26, 2022
For a legislated minimum wage to be binding in a competitive labour market, it must be set

▸ equal to the free-market wage.

▸ above the free-market wage.

▸ such that no worker can earn more than the established minimum wage.

▸ below the free-market wage.

▸ at or below the free-market wage.


Title: For a legislated minimum wage to be binding in a competitive labour market, it must be set
Post by: Ranim_Saleem on Sep 26, 2022
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