(Figure: Labor in a Competitive Market A) In the figure, if the firm hires three workers, the price of labor at equilibrium is:

A) $150.
B) $250.
C) $350.
D) $450.

Question

(Figure: Labor in a Competitive Market A) In the figure, if the firm hires three workers, the price of labor at equilibrium is:
 
A) $150. 
B) $250. 
C) $350. 
D) $450.

Quizplus · Accepted Answer

The Answer of (Figure: Labor in a Competitive Market A) In the figure, if the firm hires three workers, the price of labor at equilibrium is:
 
A) $150. 
B) $250. 
C) $350. 
D) $450.

(Figure: Labor in a Competitive Market A) in the Figure