In Figure 31.2,what is the difference between the marginal revenue product of the last worker hired by the monopsonist and the wages the monopsonist pays the last worker?
A)$3 per hour.
B)$5 per hour.
C)$4 per hour.
D)$2 per hour.

Question

In Figure 31.2,what is the difference between the marginal revenue product of the last worker hired by the monopsonist and the wages the monopsonist pays the last worker?
A)$3 per hour. 
B)$5 per hour. 
C)$4 per hour. 
D)$2 per hour.

Quizplus · Accepted Answer

The Answer of  In Figure 31.2,what is the difference between the marginal revenue product of the last worker hired by the monopsonist and the wages the monopsonist pays the last worker?
A)$3 per hour. 
B)$5 per hour. 
C)$4 per hour. 
D)$2 per hour.