Fast Food Labour Market Supply of Labour Price ($/hour) Demand for Labour 0 1.2 2.4 3.6 4.8 6 7.2 8.4 9.6 10.8 12 Quantity Jobs (millions) Using specific numbers from the graph, explain what would happen in this market if a new minimum price of $15 was instituted by the United States Government. Be sure to include information identifying if this is a ceiling or a floor, and the exact amount of shortage or surplus that would result. (5 points) Given this shortage or surplus, explain why the government would still choose to implement this policy (2 points), and explain if you would support such a change. Give at least 2 reasons you would or would not. (3 points)