Use the Following to Answer Question(s): Demand and Supply of Bricklayers

Multiple Choice

Use the following to answer question(s) : Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market

-(Exhibit: Demand and Supply of Bricklayers in a Perfectly Competitive Labor Market) If the price (wage) of bricklayers is $100 per day, that price was determined by:

A) the firm hiring the bricklayers.
B) demand and supply in the market for bricklayers.
C) the government.
D) where MRPBRICKLAYERS = MPBRICKLAYERS x P of output.