Answered

Get comprehensive solutions to your questions with the help of IDNLearn.com's experts. Get the information you need quickly and accurately with our reliable and thorough Q&A platform.

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

Sagot :

1079444idn

Answer:

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

Explanation:

Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.