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helpmepls helpmepls
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5 years ago
The marginal expenditure of a monopsonist is $4. The wage it currently pays is $3. The labor supply curve has a constant elasticity. What is the elasticity of the labor supply?
A) 0.33
B) 0.66
C) 1
D) 3
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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ZanLauZanLau
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#1
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5 years ago
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helpmepls Author
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5 years ago
this is exactly what I needed
jbag1237
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Yesterday
Good timing, thanks!
shelbycox
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2 hours ago
This helped my grade so much Perfect
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