Question: please answer ASAP Question 18 2.5 points Save Answer Suppose demand for labor is given by the equation Pp = 25-2Qp and supply for labor
please answer ASAP

Question 18 2.5 points Save Answer Suppose demand for labor is given by the equation Pp = 25-2Qp and supply for labor is given by the equation Ps = 5 + 20. Price is the hourly wage rate In dollars and quantity measures the number of workers. Imposing a minimum wage of $17 by government will create unemployment of 0 and firms will hire 4 workers. create unemployment of 2 and firms will hire 4 workers. O create a labor shortage of 0 and firms will hire 5 workers. create a labor surplus of 2 and firms will hire 5 workers
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