Business, 11.02.2020 02:49, broyochey1

How many fewer persons work in the unskilled labor market at the minimum wage (WM) than at the equilibrium wage (W1)? (N1 - N3) persons Suppose that the price of peanut butter is $3 per pound and the price of almond butter is $5 per pound. If the price of peanut butter rises to $3.60 and the price of almond butter rises to $5.50, then the absolute price of peanut butter has and the relative price of peanut butter has . risen; risen

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How many fewer persons work in the unskilled labor market at the minimum wage (WM) than at the equil...