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In the diagram above what happens when the minimum wage is fixed at OW?
Classroom
Economics Classroom
Jamb
Jamb 1989
Factors Of Production And Their Theories
Unemployment And Its Solutions
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In the diagram above what happens when the minimum wage is fixed at OW?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Unemployment is reduced
B
Unemployment results
C
The demand schedule will shift
D
The supply schedule will become steeper
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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