Business, 27.03.2020 02:06 itssamuelu

Suppose that the equilibrium wage for teachers in Minnesota is $15/hour. Also suppose that the state of Minnesota raises their minimum wage to $10/hour. Since the equilibrium wage for teachers is the new minimum wage, we would expect the number of teachers employed to and the equilibrium wage for teachers to .

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Suppose that the equilibrium wage for teachers in Minnesota is $15/hour. Also suppose that the state...

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