Ask Question
11 July, 00:13

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

+4
Answers (1)
  1. 11 July, 00:40
    0
    a. True

    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A minimum wage above $10 per hour would prevent the labor market from reaching equilibrium. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers