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lstar1993 lstar1993
wrote...
Posts: 498
5 years ago



Refer to the above table. If the marginal revenue product is $21, how many workers will the profit maximizing monopsonist hire and what wage will they pay each worker?

• 1; $17

• 2; $19

• 3; $21

• 2; $21
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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wrote...
5 years ago
2; $19
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