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Suppose there are equal quantities of two kinds of labor: skilled and unskilled. Demand for skilled labor is much higher: the market wage of skilled

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Suppose there are equal quantities of two kinds of labor: skilled and unskilled. Demand for skilled labor is much higher: the market wage of skilled workers is $20, the market wage of unskilled is $3. Diagram the effect of a $7 minimum wage on both markets

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