What Will a Minimum Wage Do

What will a minimum wage do

A) It will alter both the quantity demanded and quantity supplied of labour.
B) It will affect only the quantity of labour firms will demand at the higher wage, but does not affect the quantity supplied of labour.
C) It will have no effect on the quantity demanded or quantity supplied of labour since the equilibrium wage will not change.
D) It will cause only temporary unemployment, since the market will adjust and eliminate the surplus of workers.

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