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Please kindly solve this question with detail. Also please draw out the graph as well as answer the questions. Thanks in advance. 7 ' *m

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Please kindly solve this question with detail. Also please draw out the graph as well as answer the questions. Thanks in advance.

image text in transcribed
\"7 ' *m The Table below displays the quantity of unskilled labor supplied and demanded at various wages. The government has legislated an increase in minimum wage 'om $9 to $15. 3. Use the information in the table above to draw a graph and show how many workers will be employed at the new legislated $15 wage (3pm.). b. 0n the graph show how many workers will be unemployed at the new legislated wage. Discuss some of the unintended consequences raising the minimum wage above the equilibrium market wage (7pm.). _______________ _______________..__.._..- c. Why will the new minimum wage cause many retail prices to increase? (3ts.) ___________________________ _________________._ ______________________ -________'_______________

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