Question: please help me with this practice question, thank you ! Consider the following labour demand and supply in a market for minimum wage workers: Market

please help me with this practice question, thank you !

Consider the following labour demand and supply in a market for minimum wage workers: Market demand is Qd = 20 - 2W. Market supply is Qs = 2W. Equilibrium W = $ and equilibrium Q = A binding price floor can take a value A non-binding price floor can take a valueConsider the following labour demand and supply in a market for minimum wage workers: Market demand is Qd = 20 - 2W. Market supply is 05 = 2W. Equilibrium w = $D and equilibrium 0 = D. A binding price oor can take a value E. A non-binding price oor can take a v2 equal to $5.00 above $5.00 and below $10 Consider the following labour demand and supply in a market for minimum wage workers: Market demand is 0d = 20 - 2W. Market supply is 05 = 2W. Equilibrium w = $D and equilibrium 0 = |:|. A binding price oor can take a value :I. A non-binding price oor can take a value E. below $5.00 and above $10 equal to $5.00

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