When a minimum-wage law forces the wage to remain above the equilibrium level, it

a. raises both the quantity of labor supplied and the quantity of labor demanded compared to the equilibrium level.
b. raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.
c. reduces the quantity of labor supplied and raises the quantity of labor demanded compared to the equilibrium level.
d. reduces both the quantity of labor supplied and the quantity of labor demanded compared to the equilibrium level.

ANSWER

b. raises the quantity of labor supplied and reduces the quantity of labor demanded compared to the equilibrium level.