Use the figure below to answer the following questions.
Figure 18.3.1
-Refer to Figure 18.3.1.This figure shows the value of marginal product of labour curve,the labour supply curve,and the marginal cost of labour curve.If this labour market is controlled by a monopsony,then the monopsonist hires
A) zero hours.
B) 50 hours.
C) 75 hours.
D) 100 hours.
E) greater than 100 hours.
Correct Answer:
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