Below is a graph that represents the market for labor in Morgantown. Suppose there is currently a minimum wage in place at $7.25, but the citizens are lobbying to raise that minimum wage to $15. How many people would be unemployed if this price control were to be raised to $15? Hint: Unemployed people are workers who are willing and able to provide labor, but are not hired. 21 20 19 Price 18 17 65432119 15 10 8 7 6 5 4 3 2 1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Quantity

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