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The minimum wage in New Zealand is $14.75 an hour. Use supply and demand diagrams to explain the employment effect on two different occupations: (1)
The minimum wage in New Zealand is $14.75 an hour.
Use supply and demand diagrams to explain the employment effect on two different occupations:
(1) airline pilots; and
(2) unskilled labourers.
You will need a separate diagram for each occupation.
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