$17.00 $16.00 $15.00 $14 00 $13.00 $12.00 $11.00 $10.00 $9.00 $8.00 Demand 57 00 S6.00 $5.00 5400 $3.00 $2.00 $100 Supply Quantity of tabor (millions) At the equilibrium, what is a. Price? b Quantity supply? C Quantity demand? b. C. Suppose the government decides to pass a law to help control the price of labor. They set a new hourly wage price at $13. All employers must pay no less than $13 (though they can pay MORE if they want to). What kind of price control is this? What is the quantity demand of labor at this price? What is the quantity supplied of labor at this price? d. e. f. (oua) em Aanon

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