A Minimum Wage Law Prohibits Employers from Paying Workers Less

question 19

Multiple Choice

A minimum wage law prohibits employers from paying workers less than a specified hourly wage.If the minimum wage is above the equilibrium wage

• A)there will be excess supply of labor.
• B)there will be excess demand for labor.
• C)it creates a price ceiling.
• D)it is the most efficient way to assist the working poor.

---

Definitions:

Expression

A combination of symbols, numbers, and operations (such as addition and multiplication) that represent a mathematical object or quantity.

Simplify

To reduce a complex mathematical expression or equation to a simpler form by performing operations and combining like terms.

Expression

In mathematics, an arrangement of numbers, symbols, and operators (such as + and ×) that represents a quantity or procedure. Expressions do not have equality signs.

Simplify

The process of making an expression or equation easier to understand or solve by reducing complexity.