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If the labour market is perfectly competitive, labour demand function is given by ND = a + bW and labour supply function is given by

If the labour market is perfectly competitive, labour demand function is given by ND = a + bW and labour supply function is given by NS = c + dW; W is the wage rate, and a, b, c, and d are constants. At market equilibrium, we can determine the market wage rate as:
a.
(a + c)/(d + b).
b.
(a - c)/(d - b).
c.
(a + c)/(d - b).
d.
(a - c)/(d + b).
e.
(d + b)/(a + c).

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