Many people argue against increasing the minimum wage because they believe the result would be increased unemployment. Which of the following best summarizes this argument? A higher minimum wage would a .increase the supply of labor while decreasing the demand for labor b decrease the supply of labor while increasing the demand for labor c increase the quantity supplied of labor while decreasing the quantity demanded of d decrease the quantity supplied of labor while increasing the quantity demanded of labor e increase the supply of labor while decreasing the quantity demanded of labor
