Which of the Following Is Not Consistent with a Minimum

question 30

Multiple Choice

Which of the following is not consistent with a minimum wage that is set above the equilibrium wage?

• A)A labor surplus will result.
• B)Some workers will end up with higher wages.
• C)Some workers will end up unemployed.
• D)There will be no unemployment.

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Definitions:

Morally Justifiable

relates to actions or decisions that can be defended on ethical grounds, being in alignment with moral principles or values.

Servant Leadership

A leadership philosophy that emphasizes the leader's role as serving the needs of others first and foremost.

Ethical Leadership

Leadership style characterized by guiding principles that respect the rights and dignity of others, promoting fairness, transparency, and integrity.

Collective Performance

The combined output or achievements of a group of people working together towards common objectives.