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MrGrimey MrGrimey
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Posts: 336
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6 years ago
If the supply of labor to a monopsonist is everywhere unit elastic, and the marginal expenditure equals $1, then the wage will equal
A) 50¢.
B) 75¢.
C) $1.
D) $2.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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forrestforrest
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#1
Posts: 266
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6 years ago
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MrGrimey Author
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6 years ago
Thank you, thank you, thank you!
sadiewolf
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Yesterday
Correct Slight Smile TY
jakechambo3
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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