For a legislated minimum wage to be binding in a competitive labour market, it must be set

whitedreamerz

wrote...

Go to Answer

Posts: 113

Rep:

A year ago

For a legislated minimum wage to be binding in a competitive labour market, it must be set

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.

Textbook

Microeconomics

Edition: 17^th

Author: Ragan

Read 35 times

1 Reply

Report

Replies

Answer verified by a subject expert

Ranim_Saleem

wrote...

Posts: 151

Rep:

A year ago

More solutions for this book are available here

Report

Related Topics

whitedreamerz Author

wrote...

A year ago

Thanks

cartoon

wrote...

Yesterday

This helped my grade so much Perfect

Danivalda

wrote...

2 hours ago

Just got PERFECT on my quiz

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1127 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

1481

Your Opinion

Previous poll results: How often do you eat-out per week?

Bonobos, Chimpanzees, and the 98% DNA Link

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.