UOP ECON 545 Week 1 DQ 2 Elasticity .pdf
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UOP ECON 545 Week 1 DQ 2 Elasticity and the
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What are your thoughts about minimum wage legislation? What kind of a pricecontrol policy is this? Who gains? Who loses? Are there alternatives to this
legislation for achieving the same policy objectives? What role do demand and
supply elasticities play in determining outcomes?