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An effective minimum wage ________ the firm's surplus and __________ the worker's surplus. a) increases; decreases b) decreases; increases c) increases; increases d) decreases; decreases

An effective minimum wage ________ the firm's surplus and __________ the worker's surplus.

a) increases; decreases

b) decreases; increases

c) increases; increases

d) decreases; decreases

e) has no effect on; has no effect on

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