In the short run,those who are hurt by the minimum wage are
A)some workers who lose their jobs
B)employers who have to pay more
C)consumers who have to pay more for goods
D)all of these

Question

Quizplus · Accepted Answer

All of these groups are potentially hurt in the short run by the minimum wage. If employers have to pay higher wages, they may respond by hiring fewer workers, meaning some workers may lose their jobs. Additionally, if businesses are forced to pay more for labor, they may raise prices on goods and services, which can be a burden on consumers.

In the Short Run,those Who Are Hurt by the Minimum