Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage
Question: Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage per hour. Using marginal productivity theory, explain how a change in the minimum wage affects the employment of unskilled labor.
*“… explain how an increase in the minimum wage affects the employment of unskilled workers.”
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Answer: The solution file consists of 1 page
Deliverables: Word Document![](/images/msword.png)
Deliverables: Word Document
![](/images/msword.png)