Register
How does raising the minimum wage above the market wage create a surplus of workers ?
198k views
1 vote
How does raising the minimum wage above the market wage create a surplus of workers ?

User SGarratt
by
5.4k points

1 Answer

0 votes

Answer:

he higher wage increases the quantity of workers willing to work for this wage, which increases the quantity of labor supplied.

Step-by-step explanation:

User Brandon Manchester
by
4.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

In the mid-1700s, which industrializing nation was the dominant commercial power in the atlantic ocean?
Why do you think Benito Mussolini and his appeal for a militarily powerful Italy were able to win such wide support in Italy in the aftermath of World War I?
Study the 14 century Persian image below what could one conclude about the Islamic world from this image?
Gandhi's main strategy to win independence from Britain was _____. Select the best answer from the choices provided. armed warfare careful, directed terrorism peaceful, passive resistance democratic campaigning
How much was mezzo-soprano maria garcia earning per night by the time she left for europe in 1827?
Link Copied!