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Questions at 9 of 38 The demand and supply of labour are estimated by W = 28 -0.001Lp and W = 16 + 0.0005Ls, where

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Questions at 9 of 38 The demand and supply of labour are estimated by W = 28 -0.001Lp and W = 16 + 0.0005Ls, where W is the hourly wage rate and L is labour. If the goverment gives a payroll subsidy of $3 per hour to the employer, the new wage rate employers pay would be: OA $18 O B. $17 O C. $21 O D. $23 First

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