Use the graph to answer the following question. Using specific numbers from the graph, explain what would happen in this market if a new minimum price of $15 was instituted by the United States Government. Be sure to include information identifying if this is a ceiling or a floor, and the exact amount of shortage or surplus that would result. Given the shortage or surplus, explain why the government would still choose to implement this policy, and explain if you would support such a change. Give at least two reasons you would, or would not .?

Fast Food Labour Market 20 Supply of Labour 18 17 Price ($/hour) Demand for Labour 0 1.2 2.4 3.6 4.8 6 7.2 8.4 9.6 10.8 12 Quantity Jobs (millions)