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Author Question: The labor demand and labor supply schedules are given in the table above. If a minimum wage of $11 ... (Read 120 times)

lb_gilbert

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on: May 24, 2019



The labor demand and labor supply schedules are given in the table above. If a minimum wage of $11 per hour is imposed,
◦ a surplus of 300 workers occurs.
◦ there is no shortage or surplus of workers.
◦ 900 workers are employed.
◦ Both answers there is no shortage or surplus of workers and 900 workers are employed are correct.
◦ Both answers a surplus of 300 workers occurs and 900 workers are employed are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by lb_gilbert on May 24, 2019

zacnyjessica

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lb_gilbert

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Reply #2 on: May 24, 2019
Thanks


zacnyjessica

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Reply #3 on: May 24, 2019
Welcome :)


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