Supporters of minimum-wage legislation argue that:

Question

Quizplus · Accepted Answer

Supporters believe that workers deserve a basic standard of living and that a minimum wage can help ensure that they are able to meet their basic needs. They may acknowledge that setting the minimum wage above the market equilibrium wage could lead to some workers becoming unemployed, but they believe that the benefits to workers' well-being outweigh this potential downside. Option B is incorrect as supporters do not aim for the minimum wage to be set below market equilibrium wage. Option C is partially correct, but not the best answer, as supporters will not always consider that some workers will have to be removed from employment because of the minimum wage.

Supporters of Minimum-Wage Legislation Argue That