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Why might governments want to impose a minimum wage law in a country. What factors may influence the investment in and employment of capital stock.

  1. Why might governments want to impose a minimum wage law in a country.
  2. What factors may influence the investment in and employment of capital stock.
  3. Explain the concept of diminishing marginal utility.
  4. At what point does a consumer maximize utility?

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1 Reasons for Minimum Wage Laws Poverty AlleviationMinimum wage laws aim to ensure that workers receive a wage that covers their basic needs reducing ... blur-text-image

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