Multiple Choice
Which of the following statements is not correct?
A) Some firms pay wages that are above the equilibrium wage.
B) Workers sometimes form labor unions to push their wages up.
C) Wages never deviate from the balance of supply and demand in the market for labor.
D) The federal government mandates that employers pay their workers at least as much as the minimum wage.
Correct Answer:
Verified
Correct Answer:
Verified
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