-Pointy Stone State Park is the sole employer of naturalists in the area. The table above provides information about the supply of naturalists and the value of marginal product of labour for naturalists. If as a result of a minimum wage law Pointy Stone State Park were required to pay its naturalists $450 per week then the employment of naturalists by Pointy Stone State Park will
A) decrease.
B) not change.
C) increase.
D) Any of the above is a possible result.

Question

-Pointy Stone State Park is the sole employer of naturalists in the area. The table above provides information about the supply of naturalists and the value of marginal product of labour for naturalists. If as a result of a minimum wage law Pointy Stone State Park were required to pay its naturalists $450 per week then the employment of naturalists by Pointy Stone State Park will
A) decrease. 
B) not change. 
C) increase. 
D) Any of the above is a possible result.

Quizplus · Accepted Answer

The Answer of 
-Pointy Stone State Park is the sole employer of naturalists in the area. The table above provides information about the supply of naturalists and the value of marginal product of labour for naturalists. If as a result of a minimum wage law Pointy Stone State Park were required to pay its naturalists $450 per week then the employment of naturalists by Pointy Stone State Park will
A) decrease. 
B) not change. 
C) increase. 
D) Any of the above is a possible result.

-Pointy Stone State Park Is the Sole Employer of Naturalists