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ECON 545 Week 1 DQ 2 Elasticity and the Minimum Wage

nagarajlee15


Published on January 25, 2016

For more course tutorials visit www.uophelp.com What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes?

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