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Title: Suppose we have a labour market with a monopsonist employer in a town. Now suppose that all workers ...
Post by: Godty on Oct 9, 2022
Suppose we have a labour market with a monopsonist employer in a town. Now suppose that all workers form a union and negotiate a wage with the employer. We refer to this as a situation of

▸ monopsony.

▸ double monopsony.

▸ collective bargaining.

▸ union-wage premium.

▸ bilateral monopoly.


Title: Suppose we have a labour market with a monopsonist employer in a town. Now suppose that all workers ...
Post by: krafty on Oct 9, 2022
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