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SebKom SebKom
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6 years ago
Suppose that monopsony behavior results from the increased monitoring costs at large firms. A higher minimum wage would ________ the marginal expense of hiring labor but only if the workers are ________ afraid of losing their jobs and thus need less supervision.
A) rise; more
B) raise; less
C) lower; more
D) lower; less
Textbook 
Modern Labor Economics: Theory and Public Policy

Modern Labor Economics: Theory and Public Policy


Edition: 12th
Authors:
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6 years ago
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