Multiple Choice
A local Starbucks needs exactly five baristas to make coffee during a shift. In this case, the demand curve for baristas is perfectly _____, and an increase in minimum wage will lead to _____ in the number of baristas employed by Starbucks.
A) elastic; no change
B) elastic; a decrease
C) inelastic; no change
D) inelastic; a decrease
Correct Answer:
Verified
Correct Answer:
Verified
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