Question 4 of 9 This question: 1 point(s) possible Submit quiz [Q: 11-4513092] Suppose that a monopsonistic market is in its equilibrium, as depicted in the graph to the right. ME S Suppose that a price floor (i.e., a minimum wage) is set at the wage where the labor supply curve intersect the labor demand curve. What impact will this have on the market wage and employment level? ..... A wage set where labor supply equals labor demand will the market wage and will the market employment level. w, $ per worker not change D decrease L, Workers per day increase