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Questions attempted:0/38 6 of 38 The demand and supply of labour are estimated by W = 28 - 0.001Lp and W = 16 + 0.0005Ls,

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Questions attempted:0/38 6 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 government gives a payroll subsidy of $3 per hour to the employer, the new wage rate employees receive would be: O A. $18 O B. $21 O C. $23 O D. $17

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