Consider the market for dog walkers that is currently in equilibrium. If the government institutes a minimum wage that is below the market wage, what will be the consequence for dog walkers? Select the correct answer below: A. there will be a shortage of dog walkers B. there will be a surplus of dog walkers C. the wage in the market will be unaffected D. not enough information is provided
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Home » Business » Consider the market for dog walkers that is currently in equilibrium. If the government institutes a minimum wage that is below the market wage, what will be the consequence for dog walkers? Select the correct answer below: A.