A Supplier of a Factor of Production Has a Reservation

Multiple Choice

A supplier of a factor of production has a reservation price of $100.The purchaser of the factor of production has a reservation price of $200.If the factor of production is unique,then:

A) there will be no transaction as the reservation prices are unequal.
B) the transaction will occur and the price will be $150.
C) the transaction will occur and the price will be $200.
D) the transaction will occur and the price will be $100.