Material Detail
The Impact of a Minimum Wage
During the lecture, labor demand and labor supply were discussed and were used to determine the equilibrium wage rate. Then, the concept of a minimum wage rate was introduced and the impact of the wage rate on the labor market was demonstrated graphically.
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More about this material
- Material Type:
- Assignment
- Date Added to MERLOT:
- January 2, 2023
- Date Modified in MERLOT:
- February 2, 2023
- Author:
- Linda Wilson, The University of Texas at Arlington
- Submitter:
-
Cathy Swift
- Primary Audience:
- College General Ed, College Lower Division
- Technical Format:
- Website
- Mobile Compatibility:
- Not specified at this time
- Language:
- English
- Cost Involved:
- No
- Source Code Available:
- Unknown
- Creative Commons:
-
This work is licensed under a Attribution-NonCommercial-ShareAlike 4.0 International
