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Title: A legislated minimum wage is said to be binding when Post by: mariasmakatof on Oct 9, 2022 A legislated minimum wage is said to be binding when
▸ an industry is poorly organized and composed largely of unskilled labour. ▸ it is below an industry's free-market equilibrium wage. ▸ the wage rate is set above the free-market equilibrium level. ▸ it is enforced by legal authorities. ▸ it decreases the turnover rate among employees. Title: A legislated minimum wage is said to be binding when Post by: chanelstar27 on Oct 9, 2022 Content hidden
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