Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 18.3.3
-Refer to Figure 18.3.3. Suppose the government passes a minimum wage law that prohibits anyone from hiring labour at less than $8 per hour. The monopsonist will hire

A) 250 hours of labour.
B) 300 hours of labour.
C) 350 hours of labour.
D) 400 hours of labour.
E) 450 hours of labour.