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Set Out The Rationale For And Impact Of Minimum Wage Legislation: Economics Assignment, UCC, Ireland

University University College Cork (UCC)
Subject Economics

Set out the rationale for and impact of minimum wage legislation in the food sector (restaurant).  In answering the question, you should refer to the diagram below.

Set Out The Rationale For And Impact Of Minimum Wage Legislation: Economics Assignment, UCC, Ireland

1. We are equilibrium wage without intervention by Government

2. Qe is equilibrium quantity without intervention by Government

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