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Kyuubi Kyuubi
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6 years ago
A minimum wage established by the government:
A) is essentially a price ceiling which would create a shortage of workers
B) is essentially a price floor that may create a surplus of workers
C) will have no effect on the quantity of labour employed
D) will adversely affect only those workers whose wages are above the legal wage rate
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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angelverdeangelverde
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6 years ago
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Kyuubi Author
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6 years ago
Thank you, thank you, thank you!
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Yesterday
Helped a lot
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2 hours ago
Good timing, thanks!
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