Answer to Question #111110 in Macroeconomics for monica khulu

Question

: https://www.news24.com/SouthAfrica/Local/Stanger-Weekly/sa-domestic-workers-toget-higher-minimum-wage-20190109-with the aid of a diagram, discuss the welfare effect of this new legislation if the new minimum wage is (1) below the equilibrium wage and (2) above the equilibrium wage rate with labor hours as your quantity variable2

Answer 1

Dear monica khulu, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order