19 April, 08:47
Workers at a bicycle assembly plant currently earn the mandatory minimum wage. If the federal government increases the minimum wage by $1.00 per hour, then it is likely that the
19 April, 10:30
(C) Supply of bicycles will shift to the left.
A change in supply results to a shift in the supply curve. A decrease in the change in supply, which is caused by an increase in price will shift the supply curve left.
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» Workers at a bicycle assembly plant currently earn the mandatory minimum wage. If the federal government increases the minimum wage by $1.00 per hour, then it is likely that the