Should the United States pass a minimum wage that assures all workers earn a wage above the poverty level? Defend your position using economic principles.© BrainMass Inc. brainmass.com March 4, 2021, 10:25 pm ad1c9bdddf
Let us say that if there is no min. wage, then supply and demand determines that Q workers should be hired at $P/hour.
And now, government imposes a min. wage.
If the min. wage is less than or equal to $P/hour, then it ...