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can you answer these questions...for the first question and third question I put a * next to the two options I thought they might be,

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can you answer these questions...for the first question and third question I put a * next to the two options I thought they might be, but can you help me figure it out

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"Los Angeles, Washington DC, Maryland, and Oregon will raise their respective minimum wages on July 1 as part of ballot measures previously approved by voters. The wages in LA will rise from $10.50 to $12, with exceptions for companies employing 25 workers or fewer." Fortune June 26 201 7. Consider the equilibrium without government intervention and compare it to the situation where minimum wages are imposed in the labor market. As a consequence, the economists analyzing the effect of min wages will say that Unemployment will increase in this market * There will be a shortage of workers in this market - Firms employing workers will increase surplus - Some workers will lose andIsome will win surplus - Both A and D * W999\"? All the above are possible consequences of eliminating apartment rent controls (price ceiling) in New York except... The shortage of available apartments for rent is reduced The deadweight loss in the market will be reduced Apartment rent will increase There will be an excess supply (surplus) of apartments for rent Landlords will have incentives to invest in their apartment and keep quality WPQFU? Currently, there are no taxes on the market for good X. At the current equilibrium price and quantity, the price elasticity of demand is ED = -0.5 while the price elasticity of supply is E8 = +1.7. Suppose the government decides to introduce a $1 per unit tax on X. Then it is likely that the burden of the tax will fall A) Only on the consumers. B) Only on the producers. C) Equally on both consumers and producers. - D) On both producers and consumers, but more heavily on consumers. **? E) On both producers and consumers, but more heavily on producers. *

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