Increase wages and reduce the marginal expense of labor

Reference no: EM13687035

Minimum wage laws help low-wage workers because they simultaneously increase wages and reduce the marginal expense of labor. Analyze this statement

Reference no: EM13687035

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Increase wages and reduce the marginal expense of labor : Minimum wage laws help low-wage workers because they simultaneously increase wages and reduce the marginal expense of labor. Analyze this statement

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