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MrGrimey MrGrimey
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Posts: 336
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6 years ago
Under monopsony, the wage rate
A) equals the marginal product of labor.
B) equals the marginal revenue product of labor.
C) is less than the marginal revenue product of labor.
D) is greater than it would be under perfect competition.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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unExpectedunExpected
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#1
Posts: 267
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6 years ago
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* Majoring in business & math

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