Microeconomics 6th Edition by Robert Hall, Shirley Kuiper, Marc Lieberman

تمرين 3

Suppose the demand for unskilled labor were completely inelastic with respect to the wage rate. Using graphs similar to those in Figure 14,but modified to reflect this new assumption,explain how a minimum wage above the equilibrium wage for covered unskilled workers would affect employment and the wage rate among:
a. Covered,unskilled workers
b. Uncovered,unskilled workers
c. Skilled workers