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Loraine Loraine
wrote...
Posts: 4563
9 years ago
One result of a minimum wage is
A) illegal hiring of people at wages below the minimum wage.
B) more people with jobs.
C) a change in the equilibrium wage.
D) lower costs paid by firms.
E) fewer people searching for work because they realize that firms have decreased the number of people hired.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 256 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
VincenzoDVincenzoD
wrote...
Top Poster
Posts: 1913
8 years ago
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Loraine Author
wrote...

9 years ago
this is exactly what I needed
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Smart ... Thanks!
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