Please help by providing explanations alongside the answer. Thank you.

Only need help with part (d)

Consider a simple demandiandesupply model ota competitive labour mamet in a small town. The demand and supply curves for labour are given by Demand: w = 20 4LD Supply: w : 4 + 4LS where w is the wage ($ per hour) and L is the number of hours of employment (measured in thousands of hours per month). a, Use the line drawrng tootto plot the demand and supply curves in the graph at the right Use points with labour hours value of O and 5 to draw the lines, Label the lines properly, Carefully follow the instructions above, and only drew the required objects, as b, Solve for the equilibrium level ofw and L in the case of no government intervention, The equilibrium level of L is 2 thousands of hours per month and the equilibrium level ofw is $ 12 per hour, (Round your responses to the nearest whole number ) C Now suppose that the town council imposes a minimum wage equal to $16 per hour, What is the new level of employment? The new level of employment is 1 thousand(s) of hours per month, {Round your response to the nearest whole number) d, Identify in your diagram the area that is the deadweight loss Compute its size' measured in thousands of dollars per month, 1,) Use the line drawing tool to plot the minimum wage line described in the previous part in the graph at the right Use points with labour hours value of D and 5 to draw the line, Label the line properly 2.) Use the triangle drawrng tool to identify in your diagram the area that is the deadweight loss Label the area properly Carefully follow the Instructions above, and only draw the required objects. Wags ($ per hour) Labour Market Labour (thousands of hours per month)