Question:

Why is a minimum wage (set above the market wage) not Pareto efficient?

by  |  earlier

0 LIKES UnLike

Why is a minimum wage (set above the market wage) not Pareto efficient?

 Tags:

   Report

1 ANSWERS


  1. because supplier of labour is better off, but the company which demand labour is worse off.

Question Stats

Latest activity: earlier.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.