What is minimum wage a price floor or a price ceiling? can, Ask an Expert

Management Studies

What is minimum wage a price floor or a price ceiling? Can you give an ex of both a price floor and a price ceiling? Minimum wage is based on a federal decision of what labor should be paid as a minimum from an employer to an employee for their work. Do you think minimum wage should be based more on the cost of living? Do you think minimum wage could decrease based on a recession?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9119412

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