Multiple Choice
Use the following diagram to answer the following questions.
-Refer to Minimum Wage. As a result of the minimum wage:
A) N3 to N2 workers are laid off.
B) N1 to N2 workers are laid off.
C) N1 to N3 workers are laid off.
D) the demand for labor will decrease.
Correct Answer:
Verified
Correct Answer:
Verified
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