Consider the Following Demand and Supply Curves in Factor Markets

question 1

Multiple Choice

Consider the following demand and supply curves in factor markets. FIGURE 13-4
-Refer to Figure 13-4.The panel that best illustrates the supply of a factor to a specific firm in the economy is

• A)1.
• B)2.
• C)3.
• D)4.
• E)1 or 4.