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Susan Is a Labour Market Monopsonist

Question 51

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Susan is a labour market monopsonist.The labour supply curve she faces is given below. Susan is a labour market monopsonist.The labour supply curve she faces is given below. -Refer to the information above.If Susan hires the fifth worker,the wage rate is __________ and her labour cost rises by __________. A) $9;$7 B) $11;$11 C) $7;$7 D) $7;$8 E) $7;$9
-Refer to the information above.If Susan hires the fifth worker,the wage rate is __________ and her labour cost rises by __________.


A) $9;$7
B) $11;$11
C) $7;$7
D) $7;$8
E) $7;$9

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