According to research the relatively small impacts of the minimum wage on employment results from the relatively ______________ demand and supply of labor in minimum wage labor markets.
A)elastic
B)inelastic
C)unit elastic
D)comparatively elastic

Question

Quizplus · Accepted Answer

The correct answer is A because the relatively small impacts of the minimum wage on employment result from the relatively elastic demand and supply of labor in minimum wage labor markets.

According to Research the Relatively Small Impacts of the Minimum