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Use graphical analysis of the frictionless model, under the situation where the minimum wage is below the equilibrium wage, to explain why a decrease in

Use graphical analysis of the frictionless model, under the situation where the minimum wage is below the equilibrium wage, to explain why a decrease in labor demand can lead to a decrease in wages. Explain also why only if the decrease in labor demand is very large this will lead to an increase in unemployment.

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