One of the reasons a minimum wage is unfair is because it
A)benefits all workers.
B)blocks voluntary exchange.
C)is imposed by government.
D)is below the equilibrium wage rate.
E)cannot be enforced.

Question

Quizplus · Accepted Answer

A minimum wage is considered unfair by some because it blocks voluntary exchange between employers and employees who might agree on a wage below the minimum set by the government.

One of the Reasons a Minimum Wage Is Unfair Is