2. (20 points) Suppose the market demand for agricultural labor is ED = 2400 - 120w. ED represents total employment and w is hourly wage. (a) (6 points) If the market labor supply is Es = 240w - 1920, how many individuals are employed? (b) (4 points) What is the producer surplus at the equilibrium wage? (c) (6 points) If the government imposes a minimum wage of $25, how many individ- uals are employed? (d) (4 points) What is the producer surplus now?