Let labour is the only variable input, a monopsonist maximizes his or her profit when

Name: Let labour is the only variable input, a monopsonist maximizes his or her profit when
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A monopsonist maximizes profit when the marginal product of labor (MPL) equals the marginal expense of labor (MEL), which is choice A. This condition ensures that the cost of hiring an additional unit of labor equals the revenue generated by that unit, optimizing profit.

Let Labour Is the Only Variable Input, a Monopsonist Maximizes