Workers at a bicycle assembly plant currently earn the mandatory minimum wage.If the federal government increases the minimum wage by $1.00 an hour it is likely that the

Name: Workers at a bicycle assembly plant currently earn the mandatory minimum wage.If the federal government increases the minimum wage by $1.00 an hour it is likely that the
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An increase in the minimum wage raises production costs, which can lead to a decrease in supply, shifting the supply curve to the left.

Workers at a Bicycle Assembly Plant Currently Earn the Mandatory