Minimum Wage and Price Floors
Watch this video about minimum wage and price floors with the use of a graph to understand the effect on the labor market.
Source: Khan Academy, https://www.khanacademy.org/economics-finance-domain/microeconomics/consumer-producer-surplus/deadweight-loss-tutorial/v/minimum-wage-and-price-floors
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Last modified: Monday, July 22, 2024, 10:35 AM