6 Figure 4-5 Wage Rate $7 56 30 $5 20 30 40 Number of Unsed Workers (1.000) D Refer to Figure 4-5. Suppose the minimum wage is set at $7. The result will be O a. a surplus of unskilled workers. b. a shortage of unskilled workers. O c. a change in the equilibrium wage rate. O d. no effect on the market for unskilled labor