Consider this figure, which shows the worker's best-response function for effort given different hourly wages and...

 

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Consider this figure, which shows the worker's best-response function for effort given different hourly wages and three of the firm's isocost per effort lines Effort per hour 0.9- 0.7 0.6- 0.45- 0- B 10 C 13 Hourly wage, $ 20 worker's best- response curve Question 10 3 pts Given the information in the figure above, which of these statements would be true if the firm wanted to minimize its cost per unit of effort from its workers? The firm would prefer to be at point B rather than point D. That is, the firm would prefer to offer a wage of $10 per hour and get an effort level of 0.45 from its workers than offer a wage of $20 per hour and get an effort level of 0.9 from its workers. The firm would prefer to be at point D rather than point B. That is, the firm would prefer to offer a wage of $20 per hour and get an effort level of 0.9 from its workers than offer a wage of $10 per hour and get an effort level of 0.45 from its workers. O The firm would be indifferent between point B and point D. That is, it doesn't matter to the firm whether they offer a wage of $10 per hour and get an effort level of 0.45 from its workers than offer a wage of $20 per hour and get an effort level of 0.9 from its workers. Consider this figure, which shows the worker's best-response function for effort given different hourly wages and three of the firm's isocost per effort lines Effort per hour 0.9- 0.7 0.6- 0.45- 0- B 10 C 13 Hourly wage, $ 20 worker's best- response curve Question 10 3 pts Given the information in the figure above, which of these statements would be true if the firm wanted to minimize its cost per unit of effort from its workers? The firm would prefer to be at point B rather than point D. That is, the firm would prefer to offer a wage of $10 per hour and get an effort level of 0.45 from its workers than offer a wage of $20 per hour and get an effort level of 0.9 from its workers. The firm would prefer to be at point D rather than point B. That is, the firm would prefer to offer a wage of $20 per hour and get an effort level of 0.9 from its workers than offer a wage of $10 per hour and get an effort level of 0.45 from its workers. O The firm would be indifferent between point B and point D. That is, it doesn't matter to the firm whether they offer a wage of $10 per hour and get an effort level of 0.45 from its workers than offer a wage of $20 per hour and get an effort level of 0.9 from its workers.