(A) What is the minimum wage where Creekwood is located? What is the rental rate? (B) Suppose that the city.r government doubles the minimum wage in a bid to attract more unskilled workers. Draw a new isocost curve corresponding to C = 300 that reects this change. Is it impossible for Creekwood to still serve 10 customers for a cost of $300? (C) Following protests of the wage increase by small business owners, the city government decides to compensate those owners by sending them a lump-sum subsidy. Creekwood, which was employing 20 workers, receives a check for exactly $100. Draw a new isocost line that reflects the effects of the subsidy. (D) With this subsidy, is it possible for Creekwood to hire its original combination of inputs and serve its 10 customers at a cost of $300? Use a diagram to show that Creekwood is now better off than in the beginning. Briefly explain your reason.Creekwood Lawn and Landscape is a small business that employs 20 minimum wage workers and 10 units of capital (in the form of mowers, spreaders, aerators, etc.) to service 10 lawns. Creekwood is currently minimizing costs at $300 per hour, as depicted in the following diagram: