Suppose. the government passes a minimum wage of $14 per hour in the labor market where the. labor supply. is Qs.= 15W . (W.is hourly pay) . and the demand for labor is. Qd =240--5W. a. What is the equilibrium.wage and quantity of.labor.hired .BEFORE. the change?. b. Draw the demand and supply curves. How.large. will the surplus.be?. c. . If. we . try to achieve . the highest efficiency . (largest total surplus) under this minimum wage, what is the deadweight loss? .Show.it in the graph