Business
Business, 05.03.2020 17:09, bluebug7316

Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if we impose a minimum wage of $10 an hour, no one currently working will lose his or her job." This person must believe that the Group of answer choices demand curve for unskilled labor is vertical.

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Someone says, "Even though the equilibrium wage rate is $8 an hour in the unskilled labor market, if...

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