The graph on the right shows a labor supply and labor demand curve. Illustrate the impact of union pay that pushes the wage to $10 per hour. 1.) Using the point drawing tool, place a point on the graph that illustrates the market-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 cl labor demanded under union pay that results in a wage of $10 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 ol$10 per hour. Label your point 'B.' Carefully follow the instructions above and only draw the required objects. The quantity 0! labor supplied at the market-clearing wage is thousand, and the quantity of labor supplied at union pay of $10 is thousand. O A. 2; 9. O B. 9; 12. O c. 5.5; 2. O D. 5.5; 9. The quantity 0! labor demanded at the market-clearing wage is thousand, and the quantity of labor demanded at union pay of $10 is thousand. O A. 2; 9. O B. 9; 12. O c. 5.5; 2. O D. 5.5; 9. Using your graph, the introduction of union pay of $10 per hour leads to I: unemployment equal to III thousand. 01234557391011121314 Quantity of labor (thousands) 99 [1