Refer to the Above Graph.The Producer Illustrated

Multiple Choice

Refer to the above graph.The producer illustrated:

A) is a monopsonist since MR = P for every unit sold.
B) is a pure competitor in the output market since it must pay the market wage.
C) is a monopsonist in its output market since it has control over the market wage rate.
D) hires labor in a competitive market since it must pay each worker W*,the market wage rate.