In the labour market for corporate executives, what will happen if the Ontario government raises the minimum wage?
A) Quantity of labour supplied will be greater than quantity of labour demanded and there will be a decrease in unemployment.
B) Quantity of labour supplied will be greater than quantity of labour demanded in the market and there will be an increase in unemployment.
C) Quantity of labour demanded will be greater than quantity of labour supplied and there will be an increase in unemployment.
D) Quantity of labour demanded will equal quantity of labour supplied and there will not be any new unemployment in the market.