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16 March, 07:10

What do opponents of minimum wage believe are the results of minimum wage?

increases personal income

results in job shortages

causes unemployment

raises prices of goods

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Answers (1)
  1. 16 March, 07:51
    0
    They believe it raises the prices of goods. The money to pay your employees comes from the amount of product you sell, so if you pay your employees more, you must increase the prices of your product as well.
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