8.newly imposed minimum wage is above the equilibrium wage in a labor will

a.cause the equilibrium wage in the market to rise.

b. cause some workers to get higher wages ans some lose jobs

c.make workers earning more than the minimum wage worse off

d.make every worker who is earning a wage better off

9.unlike minimum wage laws, wage subsides

a. cause unemployment

b.raise living standards for poor working with creating unemployment

c. discourage firms from hiring poor working

d.help only rich people

10.Binding ceiling is imposed on the market for peaches ,the quantity demand of peaches will be

a.equal to quantity supplied

b.smaller than quantity supply

c.artificially restricted by Pc

greater than the quantity supply