Minimum-wage legislation is likely to be least effective in reducing poverty when the demand for labour is inelastic.

Name: Minimum-wage legislation is likely to be least effective in reducing poverty when the demand for labour is inelastic.
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Minimum-wage legislation is likely to be more effective in reducing poverty when the demand for labor is inelastic because employers are less sensitive to wage increases and are less likely to reduce employment significantly in response to higher minimum wages.

Minimum-Wage Legislation Is Likely to Be Least Effective in Reducing