If Workers Are Employed in an Industry Where They Cannot

If workers are employed in an industry where they cannot be easily replaced, then the demand curve of labor will be relatively more _____, and an increase in minimum wage will lead to ____ job losses compared to industries where close substitutes of labor are available.

A) elastic; more
B) elastic; fewer
C) inelastic; more
D) inelastic; fewer

Correct Answer:

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