Refer to the above graph. If this labor market were operating under a monopsony, the equilibrium wage rate would be:
A. W 1 and Q 1 workers would be hired
B. W 2 and Q 2 workers would be hired
C. W 2 and Q 1 workers would be hired
D. W 3 and Q 1 workers would be hired
D. W 3 and Q 1 workers would be hired
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