Question

3. Considering a complain form International Labor Organization (ILO), the Kuwait government decided to introduce a minimum wage for expatriate domestic workers.Considering the minimum wage answer the following questions; a.

Comment on the proposed 140KD minimum wage (price ceiling/floor;binding/not binding). Explain your answers. (5 points) b. How does the 140KD minimum wage would affect quantity demanded and quantity supplied? (5 points)

Fig: 1

Fig: 2

Fig: 3