The value of the marginal product of workers in a monopolistic firm is much higher than the amount they are paid.

Name: The value of the marginal product of workers in a monopolistic firm is much higher than the amount they are paid.
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In a monopolistic market, firms have market power which allows them to pay workers less than the value of their marginal product, as there are fewer competitors and less pressure to pay workers their full marginal productivity.

The Value of the Marginal Product of Workers in a Monopolistic