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FIGURE 14-2 -Refer to Figure 14-2.If the Labour Market Were in a in a Monopsonistic

Question 49

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FIGURE 14-2 -Refer to Figure 14-2.If the labour market were in a monopsonistic equilibrium,the predicted wage and number of workers employed would be A) W<sub>4</sub> and Q<sub>4</sub>. B) W<sub>5</sub> and Q<sub>4</sub>. C) W<sub>2</sub> and Q<sub>1</sub>. D) W<sub>1</sub> and Q<sub>2</sub>. E) W<sub>1</sub> and Q<sub>3</sub>. FIGURE 14-2
-Refer to Figure 14-2.If the labour market were in a monopsonistic equilibrium,the predicted wage and number of workers employed would be


A) W4 and Q4.
B) W5 and Q4.
C) W2 and Q1.
D) W1 and Q2.
E) W1 and Q3.

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