Which of the Following Is Not Correct

question 236

Multiple Choice

Which of the following is not correct?

• A)Critics argue that minimum-wage laws hurt the very people they are intended to help.
• B)Minimum-wage laws may increase unemployment among the groups of workers affected by the minimum wage.
• C)If the demand for unskilled labor is relatively inelastic, the higher wage will produce more unemployment than if the demand for unskilled labor is relatively elastic.
• D)Minimum-wage laws may benefit teenagers from middle-class families, so the policy is not a precise way to help the poor.

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Definitions:

Value Proposition

A statement that summarizes why a consumer should buy a product or use a service, highlighting the unique value it provides.

Resonating-focus CVP

A customer value proposition that strongly aligns with and appeals to the customers' needs and expectations, creating a significant impact.

Financial Viability

The ability of a business or project to sustain its operations and make a profit over time.

MOOCs

Massive Open Online Courses that offer free or low-cost educational content accessible to anyone with an internet connection.