The graph on the right shows a labor supply and labor demand curve. Illustrate the impact of union pay that pushes the wage to $9 per hour. 1.) Using the point drawing tool, place a point on the graph that illustrates the malket-clearing wage and quantity of labor. Label your point 'Market clearing.' 2.) Using the point drawing tool, place a point on the graph that illustrates the quantity of labor demanded under union pay that results in a wage of $9 per hour. Label your point 'A.' 3.) Using the point drawing tool, place a point on the graph that illustrates the quantity of labor supplied under union pay that results in a wage of $9 per hour. Label your point 'B.I Carefully follow the instructions above and only draw the required objects. The quantity of labor supplied at the market-clearing wage is thousand. and the quantity of labor supplied at union pay of $9 is thousand. o A 5.5; 9. O B. 9; 11. O C. 5.5; 2. O D. 2; 9. The quantity of labor demanded at the market-clearing wage is thousand. and the quantity of labor demanded at union pay of $9 is thousand. O A. 5.5; 2. O B. 5.5; 9. O C. 2; 9. O D. 9; 11. Wage Dmenmmqmo- 01234567891011121314 Quantity of labor (thousands)