help please

Which of the following is correct? Adverse selection happens before the transaction, moral hazard happens after. Adverse selection happens after the transaction, moral hazard happens before. Both adverse selection ad moral hazard happen after the transaction. C Both adverse selection ad moral hazard happen before the transaction. None of the above.$10 Wage Rate SO 1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 Labor The graph above shows the labor market in an industry in a country. All the firms in this industry are perfectly competitive both in the output market and the labor market. The vertical axis shows the wage rate per hour of work. Currently, the legal minimum wage in this country is $4 per hour. If the government increases the legal minimum wage to $5 per hour, what will be the increase in unemployment in this market? 1,000 workers 2,000 workers 3,000 workers 4,000 workers None of the above