The government raises the minimum wage by 30 using the four, Business Economics

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The government raises the minimum wage by 30 using the four

The government raises the minimum wage by 30%. Using the four Hicks-Marshall rules of derived demand as they apply to a particular industry (for example, you could pick the fast food industry), analyze the conditions under which job loss among teenage workers in that industry would be smallest.

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Business Economics: The government raises the minimum wage by 30 using the four

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