*3 The table gives the demand for and supply of teenage labour in a UK town. Wage rate Quantity Quantity (pounds demanded supplied per hour) (hours per month) 2 3,000 1,000 3 2,500 1,500 4 2,000 2,000 5 1,500 2,500 6 1,000 3,000 a What are the equilibrium wage rate and level of employment? b What is the quantity of unemployment? c If a minimum wage of £3 an hour is set for teenagers, how many hours do they work? d If a minimum wage of £3 an hour is set for teenagers, how many hours of their labour are unemployed? e If a minimum wage is set at £5 an hour for teenagers, how many hours of their labour are employed and unemployed? f If a minimum wage is set at £5 an hour and demand increases by 500 hours a month, what is the wage rate paid to teenagers and how many hours of their labour are unemployed?