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
