Consider the graph below for a monopsonistic labor market. w, wage per hour 40 35 30 25 20 15 10 5 5 10 15 20 25 30 35 40 L, workers per hourAt the equilibrium, the wage would be $20 O At the equilibrium, the wage would be $25 At the equilibrium, L = 20 O At the equilibrium, L > 15 V O At the equilibrium, the wage would be below $20