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Part 3 Given the surplus of workers in b., we have to find a way to allocate hours of work. The city decrees that employers

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Part 3 Given the surplus of workers in b., we have to find a way to allocate hours of work. The city decrees that employers must hire the workers with the lowest opportunity cost for hours worked rst (those offering to work on the lower left part of the supply curve). Using a graph, compare the gains from trade under the uncontrolled situation and the minimum wage situation for the following groups: Draw Graph Here

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