The Figure Given Below Represents the Marginal Revenue Product (MRP)

The figure given below represents the marginal revenue product (MRP) and the marginal factor cost (MFC) of a resource in the resource market.Figure 14.3

-Consider the resource market shown in Figure 14.3. Given that the resource market is perfectly competitive, determine the equilibrium price of the resource.

A) $8
B) $3
C) $5
D) $4
E) Cannot be determined from the information given