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Peregrinus Peregrinus
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6 years ago
Other things equal, the labor demand curve of a monopolistic firm is likely to be less wage elastic than  the labor demand curve of a perfectly competitive firm.  Explain why using the relevant Hicks-Marshall Law of Derived Demand.
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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MattVMattV
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6 years ago
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Peregrinus Author
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6 years ago
this is exactly what I needed
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Brilliant
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2 hours ago
Just got PERFECT on my quiz
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