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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
When a minimum wage is introduced ________ the equilibrium wage rate, the quantity of labor demanded ________ and the quantity of labor supplied ________, thus creating unemployment.
A) above; increases; decreases
B) below; increases; decreases
C) above; decreases; increases
D) above; decreases; decreases
E) below; decreases; decreases
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Loraine Author
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9 years ago
Helped a lot
mmmm_dat_userna
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this is exactly what I needed
kriggs62
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This site is awesome
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