Competitive Labour Markets Lead to All of the Following Conditions

Multiple Choice

Competitive labour markets lead to all of the following conditions except:

A) The marginal workers not receiving economic rents.
B) Market wage rate is determined when labour demand equals to the labour supply.
C) Labour market leads an efficient allocation of labour resources.
D) Wages equalizing across all labour markets.
E) The additional benefit that a worker receives equals to the additional cost of foregone leisure for the the worker.