Use the Figure Below to Answer the Following Questions

Multiple Choice

Use the figure below to answer the following questions.

Figure 18.3.1
-Refer to Figure 18.3.1. This figure shows the value of marginal product of labour curve, the labour supply curve, and the marginal cost of labour curve. Suppose the government passes a minimum wage law that prohibits anyone from hiring labour at less than $6.50 per hour. The monopsonist will hire

A) 50 hours of labour.
B) 75 hours of labour.
C) 62.5 hours of labour.
D) 100 hours of labour.
E) 125 hours of labour.