The minimum wage would have no impact if it is set _____________ market equilibrium.
A)above
B)below
C)equal to
D)inversely to

Name: The minimum wage would have no impact if it is set _____________ market equilibrium. A)above B)below C)equal to D)inversely to
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Question

Quizplus · Accepted Answer

If the minimum wage is set below the market equilibrium, it would have no impact because employers are already paying wages above this level.

The Minimum Wage Would Have No Impact If It Is