Suppose an employer can hire four low-skilled workers to move dirt with shovels at $5 an hour, or can hire one skilled worker at $24 an hour to move the same amount of dirt with a skid loader. what will the employer do if the minimum wage increases from $5 per hour to $6.50 per hour?
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Suppose an employer can hire four low-skilled workers to move dirt with shovels at $5 an hour, or ca...
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