Assume that the monopsonist can exercise the first-degree wage discrimination. Which of the following answer is correct? Question 34Answer a. None is correct. b. The marginal cost of labor function is indpendent of the labor supply function. c. The marginal cost of labor function is below the labor supply function. d. The marginal cost of labor function is above the labor supply function. e. The marginal cost of labor function is identical to the labor supply function