Minimum wage rate and laborsā market prices.
Products āMarket pricesā are affecting by various factors. Enforcement of government laws affecting regarding trade or contracts regarding a product, is often such a price affecting factor. Those using the term āmarket ratesā applicable to a legally enforced minimum wage rate within a marketplace, are referring to a theoretical, indefinite, (i.e. not actually existing) price that excludes governmentsā minimum wage laws as not existing.
Regardless of some persons preferences, governmentsā minimum wage laws are existing factors applicable within marketplaces. Respectfully, Supposn
Products āMarket pricesā are affecting by various factors. Enforcement of government laws affecting regarding trade or contracts regarding a product, is often such a price affecting factor. Those using the term āmarket ratesā applicable to a legally enforced minimum wage rate within a marketplace, are referring to a theoretical, indefinite, (i.e. not actually existing) price that excludes governmentsā minimum wage laws as not existing.
Regardless of some persons preferences, governmentsā minimum wage laws are existing factors applicable within marketplaces. Respectfully, Supposn