We noted that in the 1970s price floors on airline tickets, Microeconomics

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We noted that in the 1970s price floors on airline tickets

Question: We noted that in the 1970s price floors on airline tickets caused wasteful increases in the quality of airline trips. Does the minimum wage cause wasteful increases in the quality of workers? If so, how? In other words, how are minimum-wage workers like airplane trips?

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Microeconomics: We noted that in the 1970s price floors on airline tickets

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