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The Following Diagram Shows a Monopsony Employer

Question 39

Multiple Choice

The following diagram shows a monopsony employer.
The following diagram shows a monopsony employer. What is the profit- maximising wage for the employer to pay? A) W<sub>2</sub> B) W<sub>3</sub> C) W<sub>1</sub> D) Somewhere between W<sub>1</sub><sub> </sub>and W<sub>3</sub>, but it is impossible to say the precise wage rate without more information What is the profit- maximising wage for the employer to pay?


A) W2
B) W3
C) W1
D) Somewhere between W1 and W3, but it is impossible to say the precise wage rate without more information

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