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Figure 9-1
This figure shows the effect of a minimum-wage law.
-Refer to the Figure 9-1.Which of the following describes the equilibrium point in the diagram where there is an absence of the minimum-wage law?
Criminal Law
A body of laws that relates to crime and provides regulations for conduct deemed harmful, threatening, or otherwise endangering to the property, health, safety, and moral welfare of people.
Civil Law
A legal system focused on resolving disputes between individuals or entities and involves personal matters, excluding criminal proceedings.
Criminal Laws
Laws pertaining to crimes and their punishment, focusing on offenses against the state or society as a whole.
Public
The general populace or community at large, often in the context of societal or governmental matters.
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