The market price for hiring fast food workers is $8 an hour, but the City imposes a minimum wage of $15. Here the minimum wage is a -- and the City's action will result in a of fast food workers....


The market price for hiring fast food workers is $8 an hour, but the City imposes a minimum wage<br>of $15. Here the minimum wage is a<br>-- and the City's action will result in a<br>of fast<br>food workers.<br>ceiling; surplus<br>ceiling; shortage<br>floor; surplus<br>floor; shortage<br>

Extracted text: The market price for hiring fast food workers is $8 an hour, but the City imposes a minimum wage of $15. Here the minimum wage is a -- and the City's action will result in a of fast food workers. ceiling; surplus ceiling; shortage floor; surplus floor; shortage

Jun 11, 2022
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