10:22 III '3' a B app.sophia.org Question Tutorials Consider the graph below. If we compare a bilateral monopoly to a competitive market, how does the bilateral monopoly change the equilibrium quantity of labor? Wage (33) MPG for Firm Labor MRP for Firm ~ DLa bar Quantity of Labor 0 a.) It increases by O. b. Itincreasesb Q -0. O ) y E O c.) It decreases by O. 10:22 55 app.sophia.org Question Tutorials monopoly change the equilibrium quantity of labor? Wage ($) 4 MFC for Firm SLabor W Union WE WM MRP for Firm ~ Labor - X O Q Q F Quantity of Labor a.) It increases by Q. ( b.) It increases by QE - Q. c.) It decreases by Q. d.) It decreases by QE