Minimum Wage Laws Usually

question 29

Multiple Choice

Minimum wage laws usually

• A)increase the number of unskilled workers who are employed.
• B)benefit all unskilled workers.
• C)raise the wages paid to unskilled workers who are employed.
• D)All of the above are correct.

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Definitions:

Per Se Violation

An act that is inherently illegal, without the need for further evidence to prove its unlawfulness.

Economic Harm

Financial damage or loss experienced by an individual or entity due to another party's actions or events.

Territorial Restriction

Limitations placed on where a product can be sold or a service can be provided, often used by companies to divide markets or control franchises.

Horizontal Division

The division of tasks, responsibilities, or authority within the same level of an organization or government, promoting specialization and efficiency.