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Answer the Next Three Questions Based Upon the Following Diagram

Question 46

Multiple Choice

Answer the next three questions based upon the following diagram of monopsony in the labor market.
Answer the next three questions based upon the following diagram of monopsony in the labor market.    -A nondiscriminating, unregulated monopsonist will: A)  employ Q<sub>M </sub>workers at a wage of W<sub>M</sub> B)  employ Q<sub>C </sub>workers at a wage of W<sub>C</sub> C)  employ Q<sub>M </sub>workers at a wage of W<sub>U</sub> D)  employ Q<sub>Z</sub> workers at a wage of W<sub>M</sub>
-A nondiscriminating, unregulated monopsonist will:


A) employ QM workers at a wage of WM
B) employ QC workers at a wage of WC
C) employ QM workers at a wage of WU
D) employ QZ workers at a wage of WM

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