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1. Why are minimum wage laws needed for unskilled labor, but not for professionals? 2. Do unskilled laborers or professionals have more choice about their

1. Why are minimum wage laws needed for unskilled labor, but not for professionals? 2. Do unskilled laborers or professionals have more choice about their working conditions? Explain. 3. Do the unskilled laborers or professionals have more choice in the location of their job? Explain. 4. Are the unskilled laborers' or professionals' wages affected more by foreign competition? Explain

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