In this market, the equilubrium wage is per hour, and the equilibrium quanticy of labor is Mudred workers. Suppose the mayor of Combopolis introduces a legal minimum wage of $6 per hour. This type of prich control is called a For each of the wages isted in the folfowing table, determine the quantity or labor demanded, the quantity of labor supplied, and the directisn of pressure exerted on wages in the absence of any price controls. True or folse: A minimum wage above $10 per hour is a binding minimum wage in this labor market. True : False