Use the Following to Answer Question(s): the Minimum Wage

question 119

Multiple Choice

Use the following to answer question(s) : The Minimum Wage

-(Exhibit: The Minimum Wage) If it is thought that wages for some workers are not "sufficient" and a minimum wage is established at Wm, which is a wage _______ , that means that _______ workers will now be hired.

• A) ceiling; L₂
• B) floor; L₁
• C) floor; L₂
• D) ceiling; L₃

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