Assume that the minimum wage is binding in Delaware and that at this wage rate, the quantity demanded for labor is less than at equilibrium.Even though the minimum wage is binding, Katelyn decides not to eliminate any jobs and does not hire any fewer workers.How might the analysis of supply and demand with a binding minimum wage still be correct?

Katelyn will reduce the number of hours per employee.

Katelyn will pay the employees the equilibrium wage.

Because the quantity supplied of labor is increased, Katelyn will hire many more employees.

Katelyn must decrease the price of the goods she is selling.

This is a trick question, the analysis of supply and demand would have to be incorrect in this situation.