A Legislated Minimum Wage Is Said to Be Binding When

A legislated minimum wage is said to be binding when

A) it is below an industry's free-market equilibrium wage.
B) an industry is poorly organized and composed largely of unskilled labour.
C) it raises wage rates in an industry above the free-market equilibrium level.
D) it decreases the turnover rate among employees.
E) it is enforced by legal authorities.