Prior to 1st of July 2023, the equilibrium wage in Australia was $820 per week. On the 1st July 2023, the minimum wage was increased to $882 per week. a) Using a diagram show the producer, consumer and total surplus prior to the minimum wage coming into effect. b) When the minimum wage is in effect does the quantity of employment increase or decrease? Explain. Show and explain the changes in consumer, producer and total surplus with the minimum wage. Is there deadweight loss? Explain. c) Has this policy helped the labour force as the government was intending? Explain