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pirex pirex
wrote...
Posts: 634
7 years ago
Because the labor supply curve for a monopsonist is upward sloping, the monopsonist
A) hires zero units of labor.
B) chooses the perfectly competitive quantity of labor.
C) must increase the wage to attract more units of labor.
D) must take the wage as given by the market.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 76 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
LBCeaLBCea
wrote...
Top Poster
Posts: 1248
7 years ago
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pirex Author
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7 years ago
this is exactly what I needed
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
Thanks for your help!!
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