Texts: Use the following information to answer the next 3 questions. Suppose a labor market is described by the demand equation, Ld = 1200 – 21w, and the supply equation, Ls = 16w – 600, where Ld is the quantity demanded of labor (in millions), Ls is the quantity supplied of labor (in millions), and w is the wage (in dollars). The equilibrium wage in this market is $_______. (Round to the nearest cent) The equilibrium number of employed workers in this market is ________ million. (Round to the nearest tenth of a million) If the government imposes a minimum wage of $50, the number of workers unemployed is _________ million. (Round to the nearest tenth of a million)