Who Loses and Who Gains from the Minimum Wage

question 3

Multiple Choice

Who loses and who gains from the minimum wage?

• A) Losers are all workers and gainers are all firms.
• B) Losers are all firms and gainers are all workers.
• C) Losers are all firms and some workers, while gainers are other workers.
• D) Gainers are some firms and all workers, while losers are some firms.
• E) Gainers are some firms and some workers, while losers are other firms and other workers.

---

Definitions:

Go Beyond

To exceed or surpass established limits or expectations.

Emotional Commitment

A individual's sense of passion and attachment towards their organization, reflecting how emotionally invested they are in its success.

Rational Commitment

A commitment based on logical or reasoned decision-making, typically involving a careful assessment of the benefits and drawbacks.

Mutual Interests

Shared goals, desires, or concerns among individuals or groups that lead to collaboration or partnership.