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Why Do Some Workers Lose Their Job When The Minimum Wage Is Increased

ased? A) The demand for labor is perfectly elastic. B) The increase in the minimum wage decreases the quantity of labor demanded. C) The increase in labor costs decreases the supply of the product, thereby raising the price of the good so that the equilibrium quantity decreases to zero. D) The demand for labor is perfectly inelastic. E) The supply of labor decreases.
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B) The increase in the minimum wage decreases the quantity of labor demanded.

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