Suppose the market for labor is perfectly competitive and the demand for labor is $L = 100 - 10 w$ and market supply is $i L = - 20 + 10 \mathrm { ws }$ .If a minimum wage is imposed at w = 8,the gain to workers who keep their jobs,(in producer surplus terms)will be
A)10
B)20
C)30
D)40

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The Answer of Suppose the market for labor is perfectly competitive and the demand for labor is $L = 100 - 10 w$ and market supply is $i L = - 20 + 10 \mathrm { ws }$ .If a minimum wage is imposed at w = 8,the gain to workers who keep their jobs,(in producer surplus terms)will be
A)10
B)20
C)30
D)40

Suppose the Market for Labor Is Perfectly Competitive and the Demand