If a monopsony faces an elasticity of labor supply of 3 and a marginal expenditure of $120, it will offer a wage of:
A) 100.
B) 50.
C) 25.
D) 40.

Name: If a monopsony faces an elasticity of labor supply of 3 and a marginal expenditure of $120, it will offer a wage of: A) 100. B) 50. C) 25. D) 40.
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The Answer of If a monopsony faces an elasticity of labor supply of 3 and a marginal expenditure of $120, it will offer a wage of:
A) 100.
B) 50.
C) 25.
D) 40.

If a Monopsony Faces an Elasticity of Labor Supply of 3