Answered

Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Connect with a community of experts ready to provide precise solutions to your questions on our user-friendly Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

How does raising the minimum wage above the market wage create a surplus of workers ?

Sagot :

1079444

Answer:

he higher wage increases the quantity of workers willing to work for this wage, which increases the quantity of labor supplied.

Explanation:

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.