Most economists are opposed to the "living wage" concept in foreign labor agreements because:
a. it is barely enough for survival.
b. most workers in low-income nations already earn more.
c. workers should never earn more than the managers.
d. it is well above the market wage, and many workers in poor nations would lose the opportunity to be employed.
Ans: d. it is well above the market wage, and many workers in poor nations would lose the opportunity to be employed.
Economics
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