why
is minimum wage such a poplar government policy in most countries?
use your understanding of supply/demand...
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Economics
whyis minimum wage such a poplar government policy in most countries?use your understanding of supply/demand analysis to explain theadvanatage of the minimum wage and the disadvanatages of theminimum wage. provide a graph to illustrate your answer. be sure touse your graph and the law of supply an demand to answer thequestion, not public opinion
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Minimum wages acts as a price floor in the labor market Minimumwage sets lowest level of wages that must be paid to the workersIt is set above the equilibrium wage level determined by labordemand and
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