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

question 59

Multiple Choice

Ceteris paribus,all of the following result when the minimum wage is raised 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.

---

Definitions:

Border

A line or frame that surrounds a page, text, cell, or image to enhance its appearance or to separate it from other elements.

Margins

The blank spaces around the edges of a document page, set to ensure the content is properly framed and aligned.

Padding

The space between the content of an element and its border, in the context of web design and development.

Points

In typography, a unit of measure used to specify the size of text or symbols; in graphics or charts, a precise location defined by coordinates.