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Suppose a monopoly producer is also a monopsonist in the labor market. Demand for the output is p = 400 - 2Q. The production function

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Suppose a monopoly producer is also a monopsonist in the labor market. Demand for the output is p = 400 - 2Q. The production function is Q = 3L, and the labor supply curve is w = 20.00 + 2L. What is the firm's demand for labor? O A. MRPL = 1,200 - 36L O B. MRP = 800 - 6L O C. MRPL = 800 - 8L O D. MRP = 200 - 3L

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