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nguyenduong67 nguyenduong67
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6 years ago
Suppose that studies show that a 10% increase in the minimum wage decreases the number of minimum wage jobs by 1%. That would be the case if
A) supply of labor is inelastic.
B) demand for labor is elastic.
C) supply of labor is elastic.
D) demand for labor is inelastic.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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nguyenduong67 Author
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6 years ago
Thanks
megan.xo
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Yesterday
Just got PERFECT on my quiz
Kstan109
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2 hours ago
You make an excellent tutor!
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