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QUESTION
a minimum wage of $19.00 per hour is introduced (D = 1,500,000 - 60,000W S = 120,000W - 1,200,000) assume that no resources at all are lost in job...
a minimum wage of $19.00 per hour is introduced (D = 1,500,000 - 60,000W S = 120,000W - 1,200,000) assume that no resources at all are lost in job search activity.
calculate： Consumer surplus ,Producer surplus ,Total surplus ,dead weight lost
