FIGURE 14- 5 
-If we compare the wage rate and the level of employment achieved in a competitive labour market with those in a monopsonistic labour market,the latter will generate
A) a higher level of employment and a higher wage rate.
B) a higher level of employment and a lower wage.
C) a lower level of employment and a lower wage.
D) a lower level of employment and a higher wage rate.
E) the same outcomes as in a competitive labour market.
Correct Answer:
Verified
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