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History, 19.12.2020 14:00 savdeco

Using your responses to the questions above as a guide, compose two well-written paragraphs that answer this question: Is a minimum wage a benefit for society? Justify your response. Be sure to use these concepts in your writing:

price floor
unemployment
quantity demanded for labor
quantity supplied for labor
equilibrium wage
minimum wage
benefits to those who receive minimum wage

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