For a Monopsonist Facing an Upward-Sloping Supply Curve of Labour,the

Multiple Choice

For a monopsonist facing an upward-sloping supply curve of labour,the marginal cost of labour curve

A) intersects the value of marginal product curve of labour at the equilibrium wage rate.
B) is below and parallel to the supply of labour curve.
C) is identical to the supply of labour curve.
D) is above and parallel to the supply of labour curve.
E) is above the supply curve of labour.