Figure 44: Labor Market
-In Figure 4 $\bar { L }$

Multiple Choice

Figure 4.4: Labor Market
-In Figure 4.4, MPL represents the ________, $\bar { L }$ represents the ________, and the intersection of the two yields ________.

A) labor supply; labor demand; the equilibrium wage
B) labor demand; labor supply; the equilibrium wage
C) labor supply; labor demand; the equilibrium rental rate of capital
D) labor demand; labor supply; the amount of capital hired
E) None of these answers are correct.