Use the following information about the labor market: W=100-N W=10+2N Y=A*KN a) Graph each of these curves. Make sure to completely label the graph and indicate which curve is the labor supply and which is labor demand. b) What is the market-clearing wage? Suppose that no worker is willing to work for less than $0. What are the employee (sum of the difference between what someone would work for and what they get) and employer surpluses (sum of the difference between what a firm would pay and what they do pay the workers)? Hint: the surpluses are areas (triangles, squares, trapezoids etc) c) Suppose that A=1 and K=1. Graph the production function. Given the number of workers you found in b) what is the output that is produced?