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rom an economic standpoint, evaluate the effect of a minimum wage on the market for low-wage labor. Include the following:

Discuss what economic theory predicts will happenDraw a supply and demand graph illustrating the effect of a minimum wageDiscuss what elasticity conditions would economic theory prove to be true or false.Your paper should be three to five pages in length, not including the title or references pages

Adhere to the following standards:

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