What would be the impact of raising the federal minimum wage?

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Managerial Economics and Organizational Architecture

ISBN: 978-0073375823

5th edition

Authors: James Brickley, Jerold Zimmerman, Clifford W. Smith Jr

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Question Posted: Apr 30, 2018 08:47 AM

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What would be the impact of raising the federal minimum wage?

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Firms would substitute capital for labor Thus in the US demand for labor provided by lowskil...View the full answer

Managerial Economics and Organizational Architecture

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