Use the Following to Answer Question(s): Supply and Marginal Factor

Use the following to answer question(s) : Supply and Marginal Factor Cost

-(Exhibit: Supply and Marginal Factor Cost) If the supply curve implied in this exhibit is faced by a single firm, it would be a firm:

A) hiring in a perfectly competitive factor market
B) that is a price taker in the factor market.
C) that is called a monopoly seller in the factor market.
D) that is called a monopsony.