If a labor union successfully practices collective bargaining against a monopsonist, then
A)product price will decrease.
B)both wages and employment may rise.
C)both wages and employment may fall.
D)workers will probably receive a wage further away from their marginal revenue products.
E)b and d

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The Answer of If a labor union successfully practices collective bargaining against a monopsonist, then
A)product price will decrease.
B)both wages and employment may rise.
C)both wages and employment may fall.
D)workers will probably receive a wage further away from their marginal revenue products.
E)b and d

If a Labor Union Successfully Practices Collective Bargaining Against a Monopsonist