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O All of the above arguments have been made against minimum wage laws. Question 18 Which of the following is a symptom of market failure?

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O All of the above arguments have been made against minimum wage laws. Question 18 Which of the following is a symptom of market failure? O Rising prices The private market does not allocate resources efficiently. The government imposes a minimum wage because it feels that the distribution of income is not fair. A consumer who either needs or wants an item, does not obtain it because the price is higher than he is willing to pay. Question 19 3 pts atv MacBook Air ". . DII F8 F9 F4 F5 F6 F7 F3 # % V LA 4 8 O U

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