The government sets a minimum wage above the Current eajuilibrium wase level. (4) what effect does it have in labor market on equillibrium (in term a woage level and he employ ment level)? (2) what effect does it have on Consumer and burplus, Producer Surplus, tolal Surplus? Hint: in labor maket , workers are Praducers and omployers graph may help in answering queestion: are' Consumers' ploting

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