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Mairoon Mairoon
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Posts: 850
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6 years ago
If the labor market is competitive, a monopoly output market will result in
A) a lower wage than that of a competitive output market.
B) a higher wage than that of a competitive output market.
C) less labor hired than in a competitive output market.
D) more labor hired than in a competitive output market.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 56 times
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LBCeaLBCea
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Posts: 1248
6 years ago
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Mairoon Author
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Good timing, thanks!
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Smart ... Thanks!
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