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Price (wage per hour) $11.00 Consumer Supply Surplus $10.00 $9.00 Minimum Price Deadweight $8.00 Producer Loss Surplus $7.00 $6.00 Producer Surplus $5.00 - - -

Price (wage per hour) $11.00 Consumer Supply Surplus $10.00 $9.00 Minimum Price Deadweight $8.00 Producer Loss Surplus $7.00 $6.00 Producer Surplus $5.00 - - - $4.00 Demand X O 2 4 6 8 10 12 Quantity of Workers (in millions)

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