Question: Would the new line represent a decrease in demand for labor In fire:we would not change B. Redraw graph A and add as curve

Would the new line represent a decrease in demand for labor

In fire:we would not change B. Redraw graph " A" and add as curve (or lingy that Dem Supply Schedule Wage Quantity Supplied ST3 Circle or hold with SIS $19 919 Write the market equilibrium "E" wage and "E" quantity 6 11 $15 and 3 12345 2. If the wage is above the equilibrium then a Suey pit 2. According to the graph, the new equilibrium has a higher or lower (circle or bold (one word) and a higher or lower (circle or bold one) quantity 3. If the wage is below the equilibrium then a Shortc (one word) C. Redraw graph ' A" and add a curve (or line) that represents an increase in supply for labor, label $2 saud RD 012 345 6 EQUAHI In ten words or less define the Law of Demand for Labor: 1. Circle or bold which of these could High wage Lowers Labor, Lower wage supply for labor? In ten words of less define the Law of Supply for Labor: incress labor a. Population growth Smaller wages macker work supply High wages Define minimum wage. Also, is it a wage ( price) celling or thor? high work supply Higher wages minimum wage is vowest someone co Get Payed enforced by goverment Minimum wage is pricefloor and label a dashed line representing a minimum wage on the above graph hat would have

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