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emmasim [6.3K]
3 years ago
13

Do you think that a price floor such as a minimum wage will result in a surplus of labor and hence unemployment?

Business
1 answer:
kow [346]3 years ago
7 0
<span>when the price floor of minimum wage is increased ,there will be lot of people to work for the current wages. now there will be a surplus of workers and less work compared to the workers. this will led to unemployment once again.</span>
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Answer:

$15,000

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3 years ago
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