Multiple Choice
-Refer to the information above.Comparing the monopsony and perfectly competitive outcomes,one finds that the firm hires __________ worker(s) and the wage rate is __________ in the monopsony.
A) one fewer;one dollar less
B) one fewer;two dollars less
C) the same number of;two dollars less
D) one fewer;the same
E) two fewer;the same
Correct Answer:
Verified
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