-Figure 12-3 Illustrates the Marginal Revenue Product of Labor and Three

-Figure 12-3 illustrates the marginal revenue product of labor and three possible labor supply curves facing a firm that hires industrial design engineers.The firm initially is in equilibrium at point e.Then,the government initiates a subsidy for the cost of training for new industrial design engineers,lowering the cost of training.Assume that the full impact of the change in training costs is indicated by one of the curves in the figure.After all long-run adjustments are made,this firm pays a wage

A) of $18 per hour and employs 29 industrial design engineers
B) of $26 per hour and employs 20 industrial design engineers
C) between $22 and $26 per hour,while employing less than 20 industrial design engineers
D) between $18 and $22 per hour,while employing more than 29 industrial design engineers
E) between $18 and $22 per hour,while employing between 25 and 29 industrial design engineers