If the government imposes a minimum wage at a level above the labour market’s equilibrium wage, [1] the quantity demanded of labour will be greater than the quantity supplied. [2] the quantity demanded of labour will be less than the quantity supplied. [3] anyone who wants a job at the minimum wage will be able to find one. [4] employers will face a shortage of willing workers.
If the government imposes a minimum wage at a level above the labour
market’s equilibrium wage,
[1] the quantity demanded of labour will be greater than the quantity
supplied.
[2] the quantity demanded of labour will be less than the quantity
supplied.
[3] anyone who wants a job at the minimum wage will be able to find
one.
[4] employers will face a shortage of willing workers.


