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How does minimum wage influence the demand an supply in the market labour​
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How does minimum wage influence the demand an supply in the market labour​

User Nils Wloka
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The Effect of a Minimum Wage Increase on Employment and Unemployment. ... The increase in the amount of labor that people would like to supply, and the decrease in the amount of labor that firms demand, both serve to increase unemployment.
User Bioukh
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Answer:The Effect of a Minimum Wage Increase on Employment and Unemployment. ... At the same time, the higher minimum wage means that more people would like jobs. The increase in the amount of labor that people would like to supply, and the decrease in the amount of labor that firms demand, both serve to increase unemployment.

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User Adrien Leravat
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