erikatremblay8394 erikatremblay8394

04-01-2020
Business

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A minimum wage above $10 per hour would prevent the labor market from reaching equilibrium.a. True b. False

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Karabo99 Karabo99

04-01-2020

Answer:

a. True

Explanation:

A minimum wage above $10 per hour is the binding minimum wage in the labour market so this would prevent the labor market from reaching equilibrium.

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