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Business, 29.08.2020 01:01 sofipalis9869

A country has passed a law setting a minimum wage for factory workers 5% below the equilibrium price. How will this law impact the labor market? A.) The law will likely cause a shortage of labor.
B.) The law will likely increase unemployment.
C.) The law will have no impact on the market.
D) The law will increase prices without affecting quantity.

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