Table 4-7 Table 4-7 Shows the Demand and Supply Schedules

question 250

Multiple Choice

Table 4-7
Table 4-7 shows the demand and supply schedules for labor market in the city of Pixley.
-Which of the following is not a consequence of minimum wage laws?

• A) Low skilled workers are hurt because minimum wage reduces the number of jobs providing low skilled workers with training.
• B) Employers will be reluctant to offer low-skill workers jobs with training.
• C) Producers have an incentive to offer workers non-wage benefits such as health care benefits and convenient working hours rather than a higher wage.
• D) Some workers benefit when the minimum wage is increased.

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