Question 3 (1 point) Listen The data shows the market for daycare workers in a particular city: (quantity of workers in hundreds) Hourly wage ($) 5.50 6.50 7 7.50 Quantity demanded 6 4 2 Quantity supplied 6 7 8 Refer to the information above to answer this question. What are the implications if this market is in equilibrium? The wage rate would be $5 an hour and there would be 400 unemployed daycare workers. The wage rate would be $5.50 an hour and there would be 200 unemployed daycare workers. The wage rate would be $6 an hour and there would be no unemployed daycare workers. The wage rate would be $6.50 an hour and there would be 200 unemployed daycare workers. The wage rate would be $5 an hour and there would be 1,300 unemployed daycare workers