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Ceteris Paribus,all of the Following Result When the Minimum Wage

Question 82

Multiple Choice

Ceteris paribus,all of the following result when the minimum wage is raised and is above the equilibrium in a competitive market,except


A) Some workers lose their jobs.
B) There are fewer workers available to work.
C) Workers with a marginal revenue product below the minimum wage are worse off.
D) There are fewer jobs available.

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