Question 1 how do us business owners change their behavior, Ask an Expert

Economics

Question: 1. How do U.S. business owners change their behavior when the minimum wage rises? How does this impact teenagers?

2. When a price ceiling is in place keeping the price below the market price, what's larger: quantity demanded or quantity supplied? How does this explain the long lines and wasteful searches we see in price-controlled markets?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92652645

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