Draw labor supply and demand curves for cashiers in, Business Economics

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Draw labor supply and demand curves for cashiers in

Draw labor supply and demand curves for cashiers in supermarkets.

a) Show the effect of a rise in the minimum wage to above the current wage rate

b) do you anticipate large employment gains or losses?

c) Show the area of wages (employment times the wage). What happens to thsi area with the increase in the minimum wage?

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