Home » Economics » Maximum wage legislation seeks toMaximum wage legislation seeks to Maximum wage legislation seeks to A. fix wages above the equilibrium wage rate B. set wages below the equilibrium wage rate C. deter employers from exploiting their employees D. ensure an upper limit to the wages payable Correct Answer: Option D Explanation Related Posts A firm’s compulsory cost whether it is in production or not , is referred to… The exchange rate determined by market forces is known as Public expenditure on services, such as education and health, is known as expenditure on International trade takes place because of difference in The foreign exchange rate of a country is A company’s expenditure on raw materials is regarded as?
