Suppose market E discriminates against one group of workers and market O does not. Unemployment in market O would result if
A) there is no statutory minimum wage.
B) the demand curve in market O shifts to the right and wages are slow to adjust.
C) the free- market equilibrium wage in market O is below the legal minimum wage.
D) the supply curve in market O shifts to the left and wages are slow to adjust.
E) some workers are unwilling to work in E- market jobs.
Correct Answer:
Verified
Q28: Q29: In a perfectly competitive labour market, all Q30: Suppose there is a competitive market for Q31: A legislated minimum wage Q32: The union wage premium refers to the Q34: The diagram below shows the supply and Q35: Unions currently represent public- sector workers in Q36: In Canada in 2008, the share of Q37: For a monopsonist in a labour market, Q38: 
A) will have the
A)
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