If any firm tries to lower the wage rate to 19 it will not, Ask an Expert

Economics

Suppose at the going wage rate of $20 per hour, firms can hire as many hours of janitorial services as it desires. If any firm tries to lower the wage rate to $19, it will not be able to hire any janitor. What does this indicate about the supply curve for janitorial services?

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Microeconomics, Economics

Category:- Microeconomics
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