[Solved] The following graph shows the labor market. The vertical axis measures wage in dollars, and the horizontal axis measures labor in hours. The tenth unit of labor is earning a wage of: Figure 11.1 A)$4, all of which is economic rent. B)$4, none of which is economic rent. C)$8, all of which is economic rent. D)$8, none of which is economic rent. E)$8, half of which is economic rent. Hardwood: Wood from dicot trees, typically denser and used for construction, furniture, and high-quality flooring. Gymnosperms: A collection of plants capable of producing seeds, encompassing conifers, cycads, Ginkgo, and gnetophytes, distinguished by their exposed or "naked" seeds. Water Potential: A measure of the potential energy in water, influencing the direction in which water will move, often used in the study of plant physiology. Vertically: In a direction or way that aligns or relates to the top and bottom or head and foot, typically in reference to genetics, to indicate transmission of traits from parent to offspring.