What are your thoughts about minimum wage legislation


Discussion:

Elasticity and the Minimum Wage

What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes?

What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What are your thoughts about minimum wage legislation
Reference No:- TGS01847835

Expected delivery within 24 Hours