[25 marks] Demand for labour is decreasing for any given real wage a Explain two reasons why an economy might see a decrease in the demand for labour b Using the relevant graphs, show and explain the...

[25 marks] Demand for labour is decreasing for any given real wage
a Explain two reasons why an economy might see a decrease in the demand for labour
b Using the relevant graphs, show and explain the effect on wage, employment and
unemployment and potential GDP
c Explain in detail the effect on the above outcome if a minimum wage were in place