Question

"When you raise the price of employment, guess what happens? You get less of it." —John Boehner, Speaker of the House of Representatives, February 2013 The speaker would argue against a minimum wage because it A. decreases the demand for workers. B. increases the equilibrium wage rate. C. sets minimum wages below the equilibrium rate. D. decreases the supply of workers.

Answer 1

The quote by John Boehner suggests that he would argue against a minimum wage because it decreases the demand for workers. So, the correct answer is:

A. decreases the demand for workers.

Step-by-step explanation: