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Figure: The Effect of a Minimum Wage Use the following to answer questions : Figure: The Effect of a Minimum Wage -(Figure: The Effect of a Minimum Wage) Look at the figure The Effect of a Minimum Wage. Suppose the labor market is in equilibrium at E when the government imposes a minimum wage of W<sub>F</sub>. The quantity of labor supplied may_____, resulting in structural unemployment. A) decrease to Q<sub>D</sub> B) stay at Q<sub>E</sub> C) increase to Q<sub>S</sub> D) stay at W<sub>E</sub>
-(Figure: The Effect of a Minimum Wage) Look at the figure The Effect of a Minimum Wage. Suppose the labor market is in equilibrium at E when the government imposes a minimum wage of WF. The quantity of labor supplied may_____, resulting in structural unemployment.

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Understand the conditions under which a partner may compete against the partnership.
Calculate share of profits and losses among partners.

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