Business, 02.04.2020 01:39 enrique710

Suppose that the equilibrium wage for teachers in Michigan is $15/hour. Also suppose that Michigan raises its minimum wage to $18/hour. Because the equilibrium wage for teachers is (a) the new minimum wage, we would expect the number of teachers employed to (b) at the new minimum wage. (c) There will be of teachers.

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Suppose that the equilibrium wage for teachers in Michigan is $15/hour. Also suppose that Michigan r...

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