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Other Fields Homework Help Economics Topic started by: MrGrimey on Nov 12, 2017



Title: If the supply of labor to a monopsonist is everywhere unit elastic, and the marginal expenditure ...
Post by: MrGrimey on Nov 12, 2017
If the supply of labor to a monopsonist is everywhere unit elastic, and the marginal expenditure equals $1, then the wage will equal
A) 50¢.
B) 75¢.
C) $1.
D) $2.


Title: Re: If the supply of labor to a monopsonist is everywhere unit elastic, and the marginal expenditure ...
Post by: forrest on Nov 12, 2017
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