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  4. JAMB 1989
  5. In the diagram above...

In the diagram above what happens when the minimum wage is fixed at OW?

Economics
JAMB 1989
In the diagram above what happens when the minimum wage is fixed at OW?
  • A. Unemployment is reduced
  • B. Unemployment results
  • C. The demand schedule will shift
  • D. the supply schedule will become steeper
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Correct Answer: Option B
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts