In response to rising inequality, steps are taken to make higher education more affordable. This changes the supply functions to Ly = 20wu - 46 and Ly = 20ws + 12 The labour demand functions remain the same as in Scenario 3, so LB = 140 - 10wu and Ly = 228 - 4Ws. . At the latest equilibrium, what are the wages and quantities of skilled and unskilled workers? T figures for unskilled workers have not changed. o Unskilled wage, WAu : o Quantity of unskilled labour, NAu : . Skilled wage, WAs : . Quantity of skilled labour, N4s : . At the new equilibrium, what are the below inequality measures for this economy? 0 80:20 ratio: . 80:50 ratio: . 50:20 ratio: . Is inequality higher in this scenario than in Scenario 1? . Answer is Yes/No: . Is the welfare of unskilled workers lower in this scenario than in Scenario 1? o Answer is Yes/No