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1 (4 points) Consider the effects on fast-food restaurants if the minimum wage is raised to $15 an hour. Is this a change in demand
1 (4 points) Consider the effects on fast-food restaurants if the minimum wage is raised to $15 an hour. Is this a change in demand or supply? Which acronym for non-price determinants applies: TRIBE or ROTTEN? From the acronym you selected, which specific non-price determinant is represented in this scenario
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
