Solve clearly, Don’t copy from internet. Give the detailed explanation for justifying your answer. If you are very confident about answer ,then answer it otherwise leave it. Right answer will

Solve clearly, Don’t copy from internet. Give the detailed explanation for justifying your answer. If you are very confident about answer ,then answer it otherwise leave it. Right answer will get immediate upvote ,wrong answer will get immediate downvote. violation of any above instruction will get downvote 1) Suppose the marginal product of labour in the economy is given by = 200 – 0.5 , while the    supply of labour is 100 + 4 . happens in the labour market if the government imposes a        minimum real wage of 60 (w = 60)? The labour market clears, and 340 workers are employed. There is an excess demand for 60 workers. There is an excess supply of 60 workers. There is an excess supply of 340 workers.

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