What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses?

What are your thoughts about minimum wage legislation? What kind of a price-control policy is this? Who gains? Who loses? Are there alternatives to this legislation for achieving the same policy objectives? What role do demand and supply elasticities play in determining outcomes?What are your thoughts about minimum wage legislation? What kind of a price-controlpolicy is this? Who gains? Who loses? Are there alternatives to this legislation forachieving the same policy…

Posted in Uncategorized