Business, 17.12.2019 00:31 sunshinekisses
2. suppose the labor market is segmented into two distinct markets: the market for low-skill workers and the market for high-skill workers. furthermore, suppose the competitive equilibrium wage in the low-skill market is $7.00/hour, while the competitive equilibrium wage in the high-skill market is $20.00/hour. if the minimum wage is set at $10.00/hour, which market will exhibit the greatest amount of unemployment
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2. suppose the labor market is segmented into two distinct markets: the market for low-skill worker...
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