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Other Fields Homework Help Economics Topic started by: alockridge95 on Aug 23, 2018



Title: For a monopsonist, marginal factor cost exceeds the wage rate since
Post by: alockridge95 on Aug 23, 2018
For a monopsonist, marginal factor cost exceeds the wage rate since
A) more workers have to be paid the prevailing wage rate.
B) the supply of labor is perfectly elastic.
C) when new workers are hired the wage rate must be increased for all workers and not just for the additional workers.
D) the labor demand is downward sloping.


Title: For a monopsonist, marginal factor cost exceeds the wage rate since
Post by: pie on Aug 23, 2018
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Title: For a monopsonist, marginal factor cost exceeds the wage rate since
Post by: alockridge95 on Aug 23, 2018
Commenting just to show my support for informative posts like this, keep it up 10/10


Title: For a monopsonist, marginal factor cost exceeds the wage rate since
Post by: pie on Aug 23, 2018
That helps more than you thinks, thanks for being so thoughtful