19. Which of the following would an economist argue about the effect of instituting a minimum wage for all employers which is $3.00/hour higher than the equilibrium wage would be in a free market? a. It is logical, because it pays workers what they are actually worth and prevents companies from taking advantage of unskilled labor ikely of ar b. It is an unwise policy because it will create a shortage of workers at the new min. Wage c. It will cause market inefficiencies because it will create a surplus of workers . It will have no real effect on the labor market