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coldgirl [10]
3 years ago
9

If a government fixes the wage rate above the mar-

Business
1 answer:
olasank [31]3 years ago
5 0

Answer:

Option B

Explanation:

Fixing the wage rate above the market equilibrium rate will disturb the demand and supply equilibrium of labor resource.

Wage rate above market will make labor as a resource costly for business and hence, there is possibility that the demand for labor will lower down. Thus, the supply of labor will get low.

Hence, option B is correct

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