Problem
$26 boost to minimum wage The government has increased the minimum wage by $26 a week to $569.90 a week. Unions wanted a $27 a week increase, but employers argued that that level of increase was unaffordable and would send smaller firms to the wall.
On a graph of the market for low-skilled labor, show the effect of the $26 a week increase in the minimum wage on employment of low-skilled labor.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.