the question says: suppose the demand for labor is given by the equation P = 75-2Q and the supply for labor is given by the equation P = 15 + 4Q. Price is the hourly wage rate in dollars and quantity measures the number of workers. Impose a minimum wage of $70 will result in

a.) Unemployment of 0 and firms will hire 15

b) none of the above

c) Labor surplus of 15 and firms will hire 20 workers

d) Labor shortage of 0 and firms will hire 10

Suppo demand for labor a diven by the motion 18-20 and the way to labor in oven by the equation - 15:40. Pion is the hourly wage rate in dollars and wantly measures the sumber el or In poning wage of So Wayment of O and from withir 15 Laborwa 15 and firma wire 20 e Labor shortage of O and form wil tire to Suppo demand for labor a diven by the motion 18-20 and the way to labor in oven by the equation - 15:40. Pion is the hourly wage rate in dollars and wantly measures the sumber el or In poning wage of So Wayment of O and from withir 15 Laborwa 15 and firma wire 20 e Labor shortage of O and form wil tire to