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>> Increasing the minimum wage for workers will:
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Engineering MCQs
CBSE MCQs
Q. Increasing the minimum wage for workers will:
a.
Sole the unemployment problem
b.
Result in scarcity of workers
c.
Cause a substitution of capital for labour
d.
Decrease the MP of those workers
ANSWER: Cause a substitution of capital for labour
Answer & Explanation
No explanation is available for this question!
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