Using demand-supply analysis,show how the elasticity of demand of labour determines the magnitude of unemployment when an effective minimum wage is imposed.

Name: Using demand-supply analysis,show how the elasticity of demand of labour determines the magnitude of unemployment when an effective minimum wage is imposed.
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The Answer of Using demand-supply analysis,show how the elasticity of demand of labour determines the magnitude of unemployment when an effective minimum wage is imposed.

Using Demand-Supply Analysis,show How the Elasticity of Demand of Labour