The following figures show the demand and supply of labor in two different types of labor market. Figure 15.5 
In the figures,
D: Demand curve for labor
S: Supply curve of labor
MRP: Marginal revenue product
MFC: Marginal factor cost
-The Market A described in Figure 15.5 is a(n) :
A) monopsonist market.
B) monopolistic market.
C) perfectly competitive labor market.
D) monopolistically competitive market.
E) oligopolistic market.
Correct Answer:
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