What happens when wa...

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DADDYROXY:

What happens when wages are set above the equilibrium level by law? a. Firms tend to try to break the law and hire people at the equilibrium level. b. Firms employ more workers than they would at the equilibrium wage. c. Firms employ fewer workers than they would at the equilibrium wage. d. Firms hire more workers but for fewer hours than they would at the equilibrium wage.

5 years ago

Rival:

Do you have any notes or do you know anything?

5 years ago

Katrin369:

Okay start by eliminating 2 options that you know aren't correct.

5 years ago

DADDYROXY:

A and D

5 years ago

DADDYROXY:

I think it's C but im not sure

5 years ago

Katrin369:

@daddyroxy wrote:

A and D

Okay correct

5 years ago

Katrin369:

@daddyroxy wrote:

I think it's C but im not sure

It is C.

5 years ago

DADDYROXY:

oh fr?

5 years ago

Rival:

lets see

5 years ago

DADDYROXY:

Ok thank you peeps

5 years ago

Katrin369:

5 years ago

Katrin369:

Is it correct?

5 years ago

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