Refer to the Information Provided in Figure 10

Multiple Choice

Refer to the information provided in Figure 10.3 below to answer the question(s) that follow. Figure 10.3
-Refer to Figure 10.3. The market wage is initially W₀ and the firm is initially at Point A. Labor supply decreases from S₀ to S₁. After the firm is fully able to adjust all inputs, the firm will hire ________ units of labor to maximize profits.

A) I₀
B) I₁
C) I₂
D) I₃