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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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8 years ago
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Loraine Author
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9 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Morgan-C
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Yesterday
Thank you, thank you, thank you!
jaray75
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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