The state government of South Carolina is concerned that low-wage workers in the state, even when working full-time jobs, remain below the poverty level. In response, the government imposes a minimum hourly wage of $19.50 in the state's labor markets. The new minimum wage is $7.00 higher than the market wage in the state. According to the supply and demand model, the new minimum wage will most likely cause which of the following? Question 1Answer a. No change in the market. b. An increase in demand in the market. c. A shortage in the market. d. A surplus in the market