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Which of the following type of firm would be most affected by minimum-wage legislation?
Direct Costs
Costs that can be directly traced to a specific product, project, or activity without any ambiguity.
Indirect Costs
Costs that are not directly attributable to the production of goods or services and cannot be directly applied to a specific product, service, or project.
Machine Maintenance Labor
The labor costs associated with the regular care, repair, and upkeep of machinery to ensure it operates efficiently.
Direct Costs
Expenses that can be directly linked to the production of specific goods or services.
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