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jr3811 jr3811
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9 months ago

In a monopsony model of the labor market, the firm finds that (over a range) as more workers are hired, the wage rate



increases.



decreases.



remains constant.



remains identical to the marginal factor cost per worker.



b and d

Textbook 
Economics

Economics


Edition: 12th
Author:
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nilabmirzadanilabmirzada
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9 months ago
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