When the government mandates that firms supply a particular


When the government mandates that firms supply a particular benefit, it is usually the case that . (We exclude the case that cost is less than valuation)

A. the cost of providing the benefit is less than the worker's value of the benefit.

B. employment will increase.

C. the wage will increase.

D. the wage will decrease by more than the cost of providing the benefit.

E. the wage will decrease by less than the cost of providing the benefit.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: When the government mandates that firms supply a particular
Reference No:- TGS0949907

Expected delivery within 24 Hours