There are two separate labor markets in Toontown,illustrated by the graphs below.Both labor markets currently pay $6.00 per hour,and both require the same skills and qualifications.The Toontown City Council is considering enacting a $7.50 living wage ordinance,which would require all Toontown employers to pay wages of at least $7.50 per hour.
If the living wage is enacted,total economic surplus will ___ in Market A and will ___ in Market B.

Question

There are two separate labor markets in Toontown,illustrated by the graphs below.Both labor markets currently pay $6.00 per hour,and both require the same skills and qualifications.The Toontown City Council is considering enacting a $7.50 living wage ordinance,which would require all Toontown employers to pay wages of at least $7.50 per hour. 
If the living wage is enacted,total economic surplus will ___ in Market A and will ___ in Market B.

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The Answer of There are two separate labor markets in Toontown,illustrated by the graphs below.Both labor markets currently pay $6.00 per hour,and both require the same skills and qualifications.The Toontown City Council is considering enacting a $7.50 living wage ordinance,which would require all Toontown employers to pay wages of at least $7.50 per hour. 
If the living wage is enacted,total economic surplus will ___ in Market A and will ___ in Market B.

There Are Two Separate Labor Markets in Toontown,illustrated by the Graphs