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Will give good review if answerd fast thank you Part 1 (1 point) See Hint The table below shows the annual demand and supply schedule

Will give good review if answerd fast thank you

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Part 1 (1 point) See Hint The table below shows the annual demand and supply schedule for unskilled workers. Use the information to answer the questions below. Quantity Quantity Wage demanded supplied (per hour) (# of hours in (# of hours in millions) millions) $30 0 60 $25 10 55 $20 20 50 $15 30 45 $10 40 40 $5 50 35 $0 60 30 The equilibrium wage is $ per hour. Part 2 (1 point) See Hin Suppose that after a successful lobbying campaign by labor unions the government imposes a minimum wage of $25 per hour. This wage will lead to a surplus of million hours Part 3 (1 point) See Hi Compared to the original equilibrium wage, total income earned by workers with the $25 minimum wage has Choose one: O A. fallen by $ 150 million. B. not changed. O C. fallen by $400 million. D. risen by $50 million

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