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

User DsRaj
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1 Answer

4 votes

Answer:

a. True

Step-by-step 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.

User Zveratko
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