The following diagram shows marginal value and expenditure curves for a monopsony.In moving from the competitive price and quantity to the monopsony price and quantity,the deadweight loss from monopsony power is the area:

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The Answer of The following diagram shows marginal value and expenditure curves for a monopsony.In moving from the competitive price and quantity to the monopsony price and quantity,the deadweight loss from monopsony power is the area:

The Following Diagram Shows Marginal Value and Expenditure Curves for a Monopsony.In