Quantity Wage Market Market of Labor MRP = 0 gm Suppl! Demand 1 $17 $17 550 2 $15 $15 500 3 $13 $13 450 4 $11 $11 400 5 $9 $9 350 6 $7 $7 300 A. Calculate the Market Demand Schedule if there are 100 firms in the industry with the earn-ti MRP=D schedule shown above. B. What is the equilibrium wage rate paid and the level of employment for the industry? ' " E. if the government establishes a new minimum wage of $15 in this market, how much unemployment will this create? Show this in a graph