Assume the market wage in industry A is $9/hour.If the government increases the minimum wage from $7.25/hour to $8/hour

a. Firms in industry A will lower their wage to $8/hour and fewer workers will be hired

b. The increased minimum wage will have no effect on either wages or employment in industry A

c. Firms in industry A will continue to pay $9/hour, but fewer workers will be hired.

d. Firms in industry A will lower their wage to $8/hour and more workers will be hired