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Source: https://www.news24.com/SouthAfrica/Local/Stanger-Weekly/sa-domestic-workers-to-get-higher-minimum-wage-20190109-2 Accessed 24/09/2019

With the aid of a diagram, discuss the welfare effect of this new legislation if new minimum wage is (1) below the equilibrium wage and (2) above the equilibrium wage rate with Labour hours as your quantity variable.

Posted Date: Jun 26, 2024 12:40 PM

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