Top Posters
Since Sunday
p
4
h
4
c
4
d
3
3
c
3
t
3
u
3
A
3
B
3
j
3
s
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
vlademirsimon vlademirsimon
wrote...
Go to Answer
Posts: 133
Rep: 0 0
A year ago
Consider a competitive labour market. The likely consequence of a binding minimum wage in this labour market is

▸ a higher wage for all individuals.

▸ a labour shortage.

▸ excess demand for workers.

▸ unemployment.

▸ a lower wage for all individuals.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 40 times
1 Reply
Replies
Answer verified by a subject expert
armywahinearmywahine
wrote...
#1
Posts: 124
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

vlademirsimon Author
wrote...

A year ago
Thanks for your help!!
veronee_madison
wrote...

Yesterday
Thanks
nicolepope23
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1111 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 216
  
 855
  
 35
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 405
Previous poll results: Do you trust social media networks with protecting your privacy?