Consider the market for labor pictured in the graph. Wage (pesos) The Labor Market 100 90 80 70 60 50 40 30 20 10 . 0 Labor Supply Labor Demand 10 20 30 40 50 60 70 80 90 100 Labor (millions) Instructions: Enter whole numbers in each box. a. The equilibrium wage is equal to] A pesos and at this wage| million people are employed. million people will be employed and million people b. If the government sets a minimum wage equal to 70 pesos, then will be unemployed.