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If a firm is a pure monopsony firm, then the marginal cost of labor is lower than the wage rate paid

stars_and_moon

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If a firm is a pure monopsony firm, then the marginal cost of labor is lower than the wage rate paid

If a firm is a pure monopsony firm, then the marginal cost of labor is lower than the wage rate paid.
A) True
B) False

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kingby

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stars_and_moon Author

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#2

7 years ago

I figured, great answer

kingby

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#3

7 years ago

I was slightly debating this one, thanks for the feedback

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