Which of the following individuals lose as a result of an effective minimum wage law?

Question

Quizplus · Accepted Answer

An effective minimum wage law can result in fewer job opportunities for teenagers who are in the process of gaining valuable on-the-job training. Skilled workers who earn wages above the minimum wage are unlikely to be directly affected by the minimum wage law. While choice A may seem like a possible answer, it is important to note that there could be negative indirect effects on those who remain employed (e.g. decreased hours or benefits). Therefore, B is the best choice.

Which of the Following Individuals Lose as a Result of an Effective