some people have proposed raising the minimum wage to $15

a. under what circumstances would this have no impact on the labor market, using economic concepts in your answer

b. under what circumstances would this impact the labor market using economic concepts?

Some people have proposed raising the minimum wage to $15. a. Under what circumstances would this have no impact on the labor market? Use economic concepts from the course and refer to relevant graphs. b. Under what circumstances would this impact the labor market? Use economic concepts from the course and refer to relevant graphs. Please highlight in bold the relevant economic terms in your response. 2