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Title: If the supply of labor to a monopsonist is everywhere unit elastic, then the wage will equal
Post by: pirex on Oct 19, 2017
If the supply of labor to a monopsonist is everywhere unit elastic, then the wage will equal
A) the marginal expenditure.
B) one-half of the marginal expenditure.
C) the marginal revenue product of labor.
D) one.


Title: Re: If the supply of labor to a monopsonist is everywhere unit elastic, then the wage will equal
Post by: Tyforumca on Oct 19, 2017
B