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econ 1013iii. Suppose a minimum wage is introduced. Do you expect this to increase or decrease employment,? (Assume again the firm operates in a competitive

econ 1013iii. Suppose a minimum wage is introduced. Do you expect this to increase or decrease employment,? (Assume again the firm operates in a competitive product market but is still a monopsonist). Illustrate your answer with a carefully labelled graph

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