The minimum wage is a:
A) wage ceiling.
B) positive externality.
C) price floor.
D) price ceiling.
Correct Answer:
Verified
Q24: The minimum wage
A)increases economic efficiency.
B)creates a shortage
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Q33: Let D0 and S0 be the initial
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Q37: Price controls on gasoline:
A) increase consumer surplus
Q38: Consumer surplus is
A)the result of a shortage.
B)the
Q38: Based on the following diagram if there
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Q41: The demand and supply curves in the
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