jochit205 jochit205

29-10-2020
Business

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An increase in the minimum wage is likely to _ the quantity of labor demanded and at the same time is likely to _ the quantity of labor supplied.

Respuesta :

codiepienagoya codiepienagoya

02-11-2020

Answer:

The answer is "decrease and increase".

Explanation:

The rise throughout the subsistence wages was expected to decrease that required the volume of labor and can the same time increase the supply of labor.

Its higher minimum wage also means that many people want jobs. They both rise in labor supply, as well as the decrease in jobs demanded by businesses, was contributing to increased unemployment.

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